A few things to note here, 1. they are using stats from a baskets of low pe or low pb stocks, not a single stock. Don't assume you also can buy one or two low pe or low pb stocks n expect to outperform. 2. The stats show it can outperform does not mean we can outperform. We are likely to sell for all kinds of reasons, stats are emotionless n have no commitments. 3. Time frame is important, stats can be chosen from a certain period to either support or argue against the writer's view. #HindsightIs20/20
@youkanglu comments very wise!
A few things to note here, 1. they are using stats from a baskets of low pe or low pb stocks, not a single stock. Don't assume you also can buy one or two low pe or low pb stocks n expect to outperform. 2. The stats show it can outperform does not mean we can outperform. We are likely to sell for all kinds of reasons, stats are emotionless n have no commitments. 3. Time frame is important, stats can be chosen from a certain period to either support or argue against the writer's view. #HindsightIs20/20