The Idea Farm
4,090 posts
The Idea Farm
@TheIdeaFarm
Joined August 2012
- "Out of any 15-year period to be invested in equities dating back to 1970, the one we’ve just lived through was the best." Bridgewater Co-CIO Bob Prince
- Legendary investor Rob Citrone is bullish on Argentina 🇦🇷 "This guy [@JMilei] is revolutionary in what he's doing, and he has the support of the person on the ground and the person in the street, which is rare." @DiegoMac227 @LuisCaputoAR @franaldaya
00:00 - What’s the real cost of long-term equity investing? @mjmauboussin & Dan Callahan find: • Median stock drawdown since 1985 = -85% • 50%+ of stocks never recover their peak • Even the biggest winners had 75%+ drawdowns Drawdowns aren’t bugs — they’re the price of admission.
- Phenomenal visualization from @ckaiwu showing a great company isn't always a great investment "...in periods of euphoria, the market has a tendency not only to price in potential growth but also to greatly over-extrapolate it."
- “I think over my career, the market…has gotten less, not more, efficient.” - @CliffordAsness
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- Jim Grant 👉 "To suppose a stock's value is determined purely by a corporation's earnings discounted by the relevant interest rate is to forget that people have burned witches, gone to war on a whim, defended Stalin & believed Orson Welles when he told them Martians had landed."
- Is blocking trade with Russia and China a big mistake? Listen to @gave_vincent & @hkuppy on The Meb Faber Show podcast. Be sure to check out this episode tomorrow! #mebfaber #mebfabershow #investing #stocks #stockmarket #geopolitics
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- “Half of the 15,000 mutual funds in the US are run by portfolio managers who do not invest a single dollar of their own money in their products” collaborativefund.com/blog/trying-to…
- .@CliffordAsness 👉 “If I ever get an economic law named after me I want it to be ‘There is no investment product so good gross, that there isn’t a fee that could make it bad net'.”
- 🎙️ The top 20 investing podcasts of 2022 🎙️