Don’t know what will happen if the market melts down. Pundits have opined that ‘good’ companies aren’t/can’t be available cheap. You have to pay big dollars to get good companies.
Theory seems to be right. But if I have to take a hit by 50% during melt down, then, why not buy slightly ‘B’ grade companies with PE in the range of 15 or so.
One reply on “Super Expensive Valuations”
Don’t know what will happen if the market melts down. Pundits have opined that ‘good’ companies aren’t/can’t be available cheap. You have to pay big dollars to get good companies.
Theory seems to be right. But if I have to take a hit by 50% during melt down, then, why not buy slightly ‘B’ grade companies with PE in the range of 15 or so.