Autopsy 2023 Rd 11 It's Groundhog Day ... again

[katmanblue]

Anything I say can and will be held against me.

Is that why I heard you whispering "Pamela Anderson"?

On SM-F926B using BigFooty.com mobile app

 

[Thrawn]

Growth or Value are typically summary descriptors of current "price" to whatever short hand a person wishes to use eg: P&L ( earnings) for PE Book ( Balance Sheet) for Price to Book Cash ( Cashflow statement) for Cashflow multiples - and all sorts of plays on each and or combinations of...

If your mission is to make positive return - there is no difference between buying a Deep value situation which appreciates because it is 'too cheap' OR buying a so called growth stock - because it is 'too cheap' - both relative to price target : your E(r) for example.

What you are interested in as an investor is the risk-adjusted return or expected risk-adjusted return of any unit bet.

As soon as you understand Porfolio theory 101 - the marketing/sales/differentiating nonsense gets tossed in the bin - you forget value/growth/cap/themes and other segmentation for marketing purposes 'stuff'.

eg: People cite Buffett as a guru investor- who favours 'value' stocks- and he always speaks to 'value' - however his portfolio is populated with so called 'growth stocks' eg Apple

so his definition of 'value' is pliable to include "so much growth ahead it is cheap buying today"

now ask yourself a question: if a stock is "value" does that not merely say expected return based on rational valuation > current price today? OR if a stock is 'growth' does that not merely suggest that future return > current pricing accounts for ? Either way you are making a decision about price target - which should in a rational mindset be based on valuation ( cashflow versions cleared for P&L and BS shenanigans) or if you are a trader - you play the second or third or even fourth derivative of the game...

So what is the difference - A good exercise for you might be to prove a difference with some basic algebra - good luck trying -

 

[JustaBattler]

Yes, we are a Fourier series board.

definite signs of hyperbolic sine/cosine shifts of mood and sentiment on display....

 

[JustaBattler]

thats the thanks I get for trying to help a bloke out who is in 'financial services' ??

Tough audience in here.

 

[Stig O'Hara]

It’s a shame that we have a team based dose of the yips in front of the sticks.

Only need one or two to get the arrows straight & we are good enough to win games.

Keep the faith people.

 

[Sector 7G]

It’s a shame that we have a team based dose of the yips in front of the sticks.

Only need one or two to get the arrows straight & we are good enough to win games.

Keep the faith people.

5 in game injuries that result in players missing the next week certainly doesn't help.

 

[4flagsin5yrs]

5 in game injuries that result in players missing the next week certainly doesn't help.

Blessing in disguise.

Hollands should have been rested weeks ago, Hewett horribly out of form.....

Can TDK put in a blinder?

 

[TJohn]

If I was anywhere near the top of tipping,I’d tip the The Most Beautiful Colored Jumper in the land, just Cos I’m a Blues man. But I’m not. Still gunna Tip Us, Cos I’m a Blues Man.