BRK.B
CLF Return RateIs this time different?
"Things that have never happened before happen all the time" by Scott Sagan.
We look at K-line charts, calculate the historical percentile of the P/E ratio, and run quantitative backtests over the past 50 years, trying to find the "standard answer" for the future from history. We take it for granted that as long as I'm prepared with the methods to deal with the last financial crisis, I'm safe. However, history is a record book of "accidents," not a "topographic map" of the future.
Give up predicting specific disasters and instead comprehensively improve the "Margin of Safety" of your account and life.
$Microsoft(MSFT.US)
The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
