RE: Here we go. 30p!!!24 Jun 2025 13:10
There are all sorts of experts pn any forum.
Look at the chartists.
Cups, handles, 30, 50, 90, 200 MA and they are convinced that they know.
Seriously, Buffett would simply laugh, but does he know eh?
Then the fundamentalists, analyse everything, geography, currency, sector, competition, moat and then the financials, GP, NP, ROI, free cash flow.
Yep, the Buffett model.
But he lost £485 million investing in Tesco and missed out on 15 years of compound growth in Apple, Nvidia, Microsoft, Google, Amazon, that cost him 10's of billions.
In the end markets run on fear and greed.
Fear will always outway Greed.
Look at the posts on threads over the weekend and the B2 strikes on Iran.
Fear erupted with ever darkening predictions for yesterday.
Did it happen, no, because greed took over.
Nothing fundamentally changed from Friday afternoon to Monday morning
A newspaper article read by probably 200000 greedy investors was reflected yesterday and today re Empire.
But, the greedy people often take a short term view and will soon sell out.
A retraction is inevitable but a new higher base will be formed.
It's simply like trimming a plant.
I'm with ML, I'm here for £'s but at each level reached more experts will appear.
God help us after the MRE release, we'll ne inundated