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Archive of entries posted on 7th January 2020

Stocks are overpriced. But there are stories. Some are pretty good.

There’s a shortage of hot stocks. That’s why P/Es are so cursedly high. There are no bargains today. We buy on “stories.” For example, TSLA today. Items: + AMZN’s P/E is 84.27. It is climbing back to its high of over $2,000! Or was yesterday. + AAPL’s P/E is 25.21.It’s climbing to over $300 propelled […]