Reply to @wellhandy : Thanks great comment there. Variables are a moving target which is why I am not in favor either against a historical backtest and a spot towards mathematical valuation.
Thanks for sharing the detail analysis. Late last year, did a punt on this..wounded a bit with a couple of hundred dollars down the drain when SL steps in... :(
After TTI, sounds like another “value” only investor going through metamorphosis.
Value and fundamentals can matter, just that the ‘metrics’ and ‘benchmarks’ for both are not static, variables shift often.
At the end, only returns and risk directly influence the markets.
“Value” in quotes only referring to different perception of value and not referring to any negative sense nor insinuations.
#narrative
Reply to @wellhandy : Thanks great comment there. Variables are a moving target which is why I am not in favor either against a historical backtest and a spot towards mathematical valuation.
Thanks for sharing the detail analysis. Late last year, did a punt on this..wounded a bit with a couple of hundred dollars down the drain when SL steps in... :(
Reply to @Spinning_Top : Same thoughts as you.