Subject: Re: Hard to be a stock picker about now
or me it's been harder to find value than in 1999, when general disdain for "old economy" stocks meant that a lot of them got left for dead. Back then I remember buying small moaty industrials with ROEs in the 20s at 10x real earnings. Now they're at a P/E of 20.


https://www.shrewdm.com/MB?pid...

This was discussed on the Index board (link above). PE for RSP (Equal Weight) is around 17, vs 23 for SP500. If you look hard there are some opportunities on the buy side still. I recently got bullish on LULU and have been posting on the Falling Knives board my thoughts.

tecmo
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