Normal
In defence of that...JBH is current on PE of ~12 and P/Book of over 5. Not too expensive perhaps, but certainly not cheap.There's a massive difference in buying a falling expensive share, and a falling cheap share.There's also a massive difference in expecting to be right every time, versus a positive expectancy of a diversified group of stocks.Yes, ABC, Forge, etc are going to happen. But if you bought 50 falling stocks, at a PE, of say, less than 5, what do you think would be the likely outcome?
In defence of that...
JBH is current on PE of ~12 and P/Book of over 5. Not too expensive perhaps, but certainly not cheap.
There's a massive difference in buying a falling expensive share, and a falling cheap share.
There's also a massive difference in expecting to be right every time, versus a positive expectancy of a diversified group of stocks.
Yes, ABC, Forge, etc are going to happen. But if you bought 50 falling stocks, at a PE, of say, less than 5, what do you think would be the likely outcome?
Hello and welcome to Aussie Stock Forums!
To gain full access you must register. Registration is free and takes only a few seconds to complete.
Already a member? Log in here.
