TG: Given the amount of uncertainty out there, as well as the fact that nearly all financial reporters are either shills or idiots, I’d fall back on the tried and true methods of valuation. I’m a big fan of Ben Graham (“The Intelligent Investor”) and while I generally shy away from the stock market, when I do invest, I use his valuation tool to do so. Link to it is found below:
I’ve found that most financial/company advice, even when well meaning, is wrong and it’s best to fall back on a tool you know you can trust.
My background is corporate finance and accounting, including handling a good size institutional portfolio for the company I worked. I’ve seen some of the prognostications on this board and they’ve ranged from excellent to idiotic. There is a huge difference between investing and trading and there are undoubtedly some excellent long-term value plays out there, but DO YOUR RESEARCH.
And don’t listen to anyone who fancies themselves a trader. These clowns inevitably make money in the short-term and crow about it to anyone who will listen, but they lose their ass over the long haul. Just like Vegas, baby, the house always wins!
