Jimjamesak
Already insane, UAA making it worse
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CNBC said that Discord booted an organized group from WSB from their servers because of repeated hate speech violations.
I wanted to not believe Kepler when he mentioned the bored "incels" at the helm, but he might be right.
The man is a fraud and should be forced to get owned by Jon Stewart every day.
If WSB is 2-3 million large, that’s no longer possible to be a certain archetype. Too big. That’s a diverse mix.
It’s like watching a Notre Dame - USC game. Always satisfying, since one of them loses.This is win/win because if they somehow manage to score a hit it will be finance creeps jumping out of windows, and if instead it's just the caped crusaders left holding the bag it will be a bunch of loser bros you wouldn't speak to if paid.
It’s like watching a Notre Dame - USC game. Always satisfying, since one of them loses.
Yankees-Red Sox, but okay.
Back when I was in school, back in the 90s and before the tech bubble had fully bubbled over, a historically normal P/E ratio for the S&P 500 was around 16, but if you look now it's about 34. If you look at when recessions have hit, the P/E ratios for the market have been much higher than that. As of 09/30/20, the P/E for the market as a whole was 34.24. Right around the time a recession hits, and shortly before it, we see that ratio get high.
Wikipedia has a chart going back to 1988. You should be able to spot a trend, if you can recall when recessions hit. https://en.wikipedia.org/wiki/Price–earnings_ratio
Interesting! I know the prices didn’t shoot through the roof in May 2009, so it’s shocking to see just how bad the earnings must have been.S&P 500 PE back to 1870.
Interesting! I know the prices didn’t shoot through the roof in May 2009, so it’s shocking to see just how bad the earnings must have been.
Speaking of PE ratios, does anyone have a source where I can get a list of the current PE ratios for each individual company in the S&P 500? I have a bottle of scotch riding on a bet that depends on that data to resolve. When I made the bet, I assumed it would be relatively easy to find that info, but I have come up empty so far. (Bet is whether Tesla’s PE will come within 1 standard deviation of the S&P 500 average at any time before 2027 - 10 years from when we made the bet).