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This link http://forums.silverstackers.com/topic-48055-credit-corp-ccp.html is an example of me successfully performing bottom up fundamental/value analysis on a stock which clearly shows my reasoning and at what prices I added to my position. You will see since then I have collected good...

My post above clearly refutes this.

Fundamental analysis is not a waste of time studying. There are heaps of outperforming fundamental/value based stock pickers/inveestors. Ben Graham, John Maynard Keynes in his later years (after he failed at momentum/trading strategies), Charles Munger before Berkshire when he had the investment...

By the way here is an article which quotes Shiller written in late 2005. It quotes him warning about the U.S. housing market being a bubble. http://www.nytimes.com/2005/08/21/business/yourmoney/be-warned-mr-bubbles-worried-again.html Also as I pointed out before in one of my previous posts...

Wrcmad my argument to you is this: -On average more people make money from fundamental analysis than technical analysis or other types of short-term trading. -A higher percentage of long-term fundamental investors are profitable than short-term traders. -A far higher proportion of people with...

As for short-term trading every academic study shows that there is a high correlation between frequent trading and poor returns on average. There have been numerous academic studies done on day traders and other short term traders showing that the majority of them produced below average net...

Ben Graham has specifically stated that investors should "have an adequate idea of stock market history, in terms, particularly, of the major fluctuations. With this background he may be in a position to form some worthwhile judgment of the attractiveness or dangers....of the market." That...

Yes but there have also been ten and twenty year periods with negative "real returns" (i.e. inflation adjusted) where nominal returns where very low. In my opinion if you add those to your calculations then the number of poorly performing market periods is greater. I never said fundamental...

I misunderstood the way you phrased 7-10 year moving average. I thought you meant the p.e. ratio was a moving average not the price compared to a moving average of the earnings component . Now that you more clearly explained yourself. Yes I agree with what you are saying. Also I did clearly...

So you are saying that the work done by Professor Shiller and Jeremy Grantham and Benjamin Graham (who was possibly the first to publish the idea of comparing current price to an average of last ten years earnings) amongst others has no value and that long-term valuation indicators are useless...

Trew that is not quite accurate. I have read the intelligent investor and Security Analysis. Ben Graham advises investors to have between 25% and 75% of their money invested in shares and between 25% and 75% in bonds. With the ratios fluctuating with the amount of opportunity available i.e. when...

P.s. the long-term valuation indicators indicate awful returns for the U.S. stock market for the next twenty years and strong returns for the Russian and Greek stock markets.

Wrcmad numberous academic studies show that over 10-20 year periods (i.e. the long term) that starting valuation is the best predictor of what the return will be over that period. Looking at long term metrics like the CAPE, Tobins Q and the price book ratio, etc have far more predictive ability...

Okay Roswell. What about playing at physical Casino's and RSL clubs?

Instead of increasing minimum wages which would destroy jobs if the government wants to help low income earners and wage earners in general they could abolish income tax. This would increase people's after tax income which would amount to an effective pay increase. Then take axe to government...

As a fundamentalist I do not claim to have any predictive ability about what the market will do in the future. That being said however I feel the All Ordinaries as a whole is somewhere between fair value and modest (no more than 10% over) overvaluation. If you look at the graph and chart in the...

I wanted to hear from members on this forum about their thoughts on trying to make money from poker as a side income. From articles I have read on the internet online poker is getting increasingly competitive with each passing year. However the lowest limit tables (good players don't bother...

I am far from but-hurt. I just find technicians to be an amusing breed. I will stick to my fundamentals and you guys stick to your squiggly line hocus pocus. No hard feelings.

Up until a few weeks ago I worked for many years for a large retailer that has to on a daily basis unload pallets from trucks with a forklift and I got to know a lot of the truck drivers and can tell you that they are not well paid. They typically get somewhere between $22 and $30 per hour...

All statistics admittedly are open to interpretation so you have to look at multiple sources and make a considered judgement. For example in the U.S. if you don't believe official unemployment or inflation numbers you can look at shadow stats. Most major data points will have a multitude of...