Subject: Re: Unite Group (UTG), UK, falling knife.
> Google another example.

> I bought in at 90 Jan 23 sold at 150/ 180 a year later.

Same here. Except, I bought Google in the 80s and sold in the 100s, twice in a row.

My mistake of selling too soon with Google was a result of trying out options (with the equivalent balance in cash).

It added a feeling of time pressure I've not felt before in investing. So I do not use options any more.

Separately, I was surprised by this bubble happening as it did, a strong rally beginning from such high levels.

The 'lows' of the last two 'crashes' of 2020 and 2022 are still higher than the Shiller CAPE of all but a few years in the last century.

Look at the graph and compare 1905, 1937, 1955, 1965, 2004, 2007, 2014 peaks for example against 2020 and 2022 lows.

https://www.multpl.com/shiller...

TRS