The Walk Back

mark61504
Mar 5
1 min read

The walk back is an arrow in the quiver of every good stock market prognosticator. You start with a bold announcement, ABC company is poised for record earnings because yada, yada, yada.... Another classic is the market call. US Stocks will be up XX% in year 20XX because "fill in the blank" will be rocket fuel for US companies.

But what happens when the bold call is wrong? Enter the walk back. Company ABC faced unexpected headwinds from shrinking microwidgets to assemble their pieces of flare putting downward pressure on PE multiples (I made all of that up)! Take a look at the below:

Recent Posts

See All

Is Gold a Perfect Hedge?

Every few years we hear about how gold is the place to be in a volatile market. It can help during times of global conflict. It can be a safe haven when countries print too much money. It can pay d

Have Index Funds Built the Giants

As global market cap expands and the way most people invest being someway shaped by indexes, the question is whether that approach is changing investing as a whole. The following short article from D

Is a more observant investor necessarily better?

Frequently I hear participants in our retirement plans say that they feel they should "pay more attention". What they frequently mean by this is they should look at their 401K website or statements m

Comments