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Re: PP at new high for the year...
Posted: Fri Jan 05, 2018 2:56 pm
by Don
dualstow wrote:Tyler wrote:I look forward to seeing GMO sell their stocks at the peak in accordance with Grantham's prediction.
All I know is, I just read about the Ulcer Index at portfolio charts and I feel pretty comfy.
The stock market has gone virtually straight up since the 2016 election. Is there a euphoria index too?
Re: PP at new high for the year...
Posted: Fri Jan 05, 2018 3:09 pm
by buddtholomew
I think it demonstrates the strength of stock buybacks and the belief that opulence is within reach.
Re: PP at new high for the year...
Posted: Fri Jan 05, 2018 4:13 pm
by Tyler
dualstow wrote:All I know is, I just read about the Ulcer Index at portfolio charts and I feel pretty comfy.
For anyone wondering what he's talking about, read this:
https://portfoliocharts.com/2017/11/01/ ... olio-pain/
No matter what new metric I look at, I'm always impressed with how the PP fares.