Member Info for steviewonder77

investor/thats a good question,although the P/E is 35 not 60 . i agree its lumpy,anything over 25 was thought to be overvalued,although the great investor(like Charlie Munger)now says with interest rates so low,you can expect to pay more for good businesses. The Dow and the Nasdaq to me looks overvalued but not the FT100, I am not clever enough to time the market,but as the great market trader, Jesse Livermore said "Its not timing the market,its the time in the market" So if there is a correction /crash,i will use that as a buying opportunity.

gungi/ i agree a special dividend is called for. 1% would be nice

until you sell. I hope it keeps going down,iam getting my Lloyds divi on the 25 May and this one on the 26 May. they are going in this,so the more it drops the more shares i get

Rhyz/ i came from Londons working class,i now live in a leafy London suburb,so what!! Its got nothing to do with investing. Buffett and Munger came from the middle classes,not the "wealthy" I just look at their track record, Theres hundreds of videos of them on Youtube. They are not the only ones i follow,but i only follow the ones who have made money over the medium to long term. I am not interested in short term investing,iam buy a piece of a business not a lottery ticket

Rhyz/ Buffett started investing at 9 with pocket money. Munger has never "work for" Buffett. They are known for Intrinsic value investing. If you are going to do research please get it right

Rhyz, You dont know the difference between the SP and share value. The likes of Buffett and Munger take no notice of the SP,infact when they buy a company,without looking at the SP, Especially now that the share prices are manipulated by algorithms

The management is running the company not the markets. The LSEG results have been good. Personally i would like to see the SP fall, so i can buy more.

Fire/your right,i cant see any reason to be insulting. I am only small fry.i have learnt from the greats Buffett.Munger,Slater and Peter Lynch who have made billions.

Rhyz/thanks but iam not bothered what Apendragon calls me,i just look at the £2M ive made from investing(over a 40 year period)and that gives me a nice warm glow inside

Apendragon/i might be a lot of things but iam not a simple fool,,Hes running a £38 billion business. Hes just bought a $27 billion business which he has to integrate

In the scheme of things,the CEO increase is nothing. Only the earnings going forward will tell us if he is any good or not

Lets hope, if we do get a drop.its only a small one,what we dont want is a crash which causes a recession, The next few years are going to be interesting,the whole world seems to be in transition

Zara/ i was talking about a 40% market drop,when that happens it takes many good stocks with it,that is your opportunity to buy quality stocks cheap.. The crash hasnt started yet. They say,the punch that knocks you out,you never see coming and the same can be said about stock market crashes. It could be interest rates,inflation or the Bond markets,but as you saw last March,when it goes it goes

The old adage might be relevant this year. "Sell in May and go away and come back on St Ledger Day" The St Ledger is a horse race which takes place at Doncaster on the 11th Sept. I dont tend to do that,i normally add on the drop,hopefully somewhere near the bottom, Ive had my best year ever because of the March drop. Many investors are now fully invested,they have got carried away with the hype and have no cash to take advantage of a correction, Whatever happens,long term we will be OK in LSEG

check out the news on here

Being that we are in a guessing game,my gut feeling is we will get a drop in May/June similar to what we had last March but this time we will not get the V shaped recovery, I hope i am wrong

Zara/check out on Youtube "Why Grantham says the next crash will rival 1929,2000"

This shares future will depend on its results,short term share guessing is a mugs game, 95% of sort term day traders lose money. Theres many well respected{that means they have made money)global macro investors like Ray Dalio who are very nervous with the market valuation,especially in the US. A 20% correction is not the end of the world,but some are forecasting a crash 70-90%, Thats why i sold my small caps,with this you have plenty of liquidity,so if you see the markets start to go down,you can get out

short term means nothing,,no one can tell you what a share is going to do short term.If theres a market correction this will go down with it,My brother-in-law was a technical analyst(now retired),its helpful but its only a guide, If the refinitiv acquisition goes well and managements expectations are met with good forward earnings this could be £130 next year,until then the jury is out. Like every other company its all about earnings/profits

You might have to wait 6 months to see where it bottomed out. I suspect we will get a market correction within the next few months,we are due one. If you have bought in around £71 you should be ok long term. Use any correction as a buying opportunity.