Earlier quoted context omitted.
This caught out the current Show HN poster, so I imagine the comment could be useful to future Show HN posters. Besides, the comment wasn't unkind to the present poster and is actually kind to future posters, so the admonishment and down-votes seem unwarranted.
My tip is to re-evaluate why you think you are getting downvoted to better understand your tone and wording rather than assume the downvotes are not warranted.
Show HN: I built a website to create financial models for any stock online
161–166 of 166 posts
Re: Show HN: I built a website to create financial models for any stock online
#162Very nice, coincidentally I have been thinking about making a similar tool lately, but I'd make it quite a bit more conservative. I'd want to be able to define a model like "I think the fair value of a company is its net current assets plus its last 5 years of earnings", and have the tool email me whenever I can buy shares in any company substantially below that price, or sell them substantially above. It wouldn't be…
Re: Show HN: I built a website to create financial models for any stock online
#163It's predicting a contraction in value of 20% to 70% of every stock I throw at it. 40k DIJA is a more-than-inflationary bubble popping within a few years? Edit: Chipotle must be headed for E. Coli again: Projected Price: $-2,890.64 https://www.useequityval.com/model?ticker=CMG
Re: Show HN: I built a website to create financial models for any stock online
#164Earlier quoted context omitted.
The secret sauce is simple: low cost ETFs that track the S&P 500 index. Regular, automatic investments. Go to sleep. Wake up 30/40/50 years later. You will be rich. Warren Buffet supports this idea for retail investors.
> Warren Buffet supports this idea for retail investors. Everything that Buffet says falls into one of two categories: [1] He has no relevant knowledge. [2] He/Berkshire makes money from it. [2] Is the most common. (His railways transport oil. His insurance companies make money from the inheritance tax, a tax that his estate won't pay. Etc.)
> His insurance companies make money from the inheritance tax
I don't follow this. Can you explain more? Buffet has been quite clear that he expects low cost index-tracking ETFs to outperform even hedge funds with 2&20 fee structure.Re: Show HN: I built a website to create financial models for any stock online
#165Earlier quoted context omitted.
Neither is an equity's price much of the calendar year.
We should distinguish between: - price (absolute level) - price movements (relative change) Your claim is that an equity's price isn't usually a reflection of fundamental value. On how many days this year (or this decade) was Google's market cap lower than that of Cheesecake Factory? Why?