A lot of these boomer stocks are ridiculously priced to me . Today seems to be a big wake up call in the market tho
Discussion
It feels like the dot com era, everybody jumping on without any real thought just hopium
Grok says PE ratios were
1880s to 1890: below 10
1900: 10 to 15
1920s: up to 20 and some beyond
1950s 10 to 15
1960s:18 to 20
Grok also says 4 trillion would need to exit the S&P500 to bring average PE down to 10
These companies better start buying bitty lolll
So wild to me that most companies haven’t adopted the Saylor playbook. 90% of S&P500 is dead weight returning a loss in real terms.
Gradually and then suddenly
This is the suddenly year. Can’t ignore a MSTR at a $500B marker cap or $1T
Get on board or die a not so slow death
It’s becoming very obvious having no bitcoin in your treasury is a very bad idea. And when USA start buying more bitcoin to hold on reserves it’ll be the suddenly moment