Post #582 by mungofitch on the Falling Knives board

Please be patient and understanding when interacting with others, and avoid getting frustrated or upset if someone does not respond to your posts or if a discussion does not go as you expected. Remember that everyone is entitled to express their own perspectives. Furthermore, even when you don't entirely agree, try to benefit in some way from it.

- Manlobbi

Investment Strategies / Falling Knives

Unthreaded | Threaded | Whole Thread (9)

Prev | Next

Post New | Post Reply | Report Post | Recommend It!

No. of Recommendations: 5

P/S has worked well for the firm in the past, but perhaps not as well in future...so a move to valuing on a multiple of earnings (or smoothed earnings) may start to work better.

FYI,
Comment of mine as GOOG came up on another board (GOOGL at $152.60 when I wrote it):

certainly doesn't trade for less than 20 times trailing earnings very often.
Very briefly in the credit crunch. Some stretches in 2011-2012. A while late 2022 to very early 2023. That's about it for the last 20 years.
Though one might want to wear a seatbelt during any potential turbulence, I find it very hard to imagine a bad long term outcome from here.
Note, GOOGL is worth a hair more than GOOG but costs a hair less.

Jim

Post New | Post Reply | Report Post | Recommend It!

Print the post

Unthreaded | Threaded | Whole Thread (9)

Prev | Next

Announcements

Falling Knives FAQ

Contact Shrewd'm
Contact the developer of these message boards.

A community forum supporting civilized, and highly helpful, self-educating investors that come together for Shrewdness and merry spirits. These message boards closely follow the look and feel of the old message boards at boards.fool.com prior to the boards redirected to discussion.fool.com. Shrewd'm is not affiliated with the comprehensive and excellent investment website, The Motley Fool (TMF), in any way. The Shrewd commmunity here has owed, and continues to owe, gratitude to The Motley Fool for nurturing a culture of jovial irreverence towards Wall St, and that tradition will continue here.