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05-05-2015, 07:27 PM
Why do I get the feeling that it seems like we are in the dotcom era once again.
During the dotcom era, people are always looking for the next 'hot' tech stuff.
Companies which have low or no sales can be valued at a high price just because the
technology they have seems promising.
Is this how value investing should be carried out?
For me the rule I follow is simple:
Show me the $$ first!!!
During the dotcom era, people are always looking for the next 'hot' tech stuff.
Companies which have low or no sales can be valued at a high price just because the
technology they have seems promising.
Is this how value investing should be carried out?
For me the rule I follow is simple:
Show me the $$ first!!!
There are no good stocks. Stocks are only good when they go up after you bought them.