The idiocracy first figures out how much money they want to make and then they figure out how much to bet at the casino...
“Investors are taking risk because they need to achieve desired returns”
“Multiple studies have shown that forward or trailing price-to-earnings ratios or valuations have no predictive power. But such metrics are good for determining allocations in your portfolio,” said Ben Carlson, money manager at Ritholtz Wealth Management"
I used to have respect for Barry Ritholtz, but since he started managing money, he's turned into another Wall Street circus clown...
Study this fucktards...
Profits with stocks:
Earnings Yield (E/P):
P/E Consumer Staples (log scale):
"Thanks for achieving my desired returns, bitchez"
