No. of Recommendations: 38
>$151.46 as I type.
..
>A bit of a pop today, now at $159.90.
It is now $164 this morning, a day after the $159.90. That is up 8.3% from $151.46 over 2 days. If you can sustain this, Jim, you will be achieving for many Shrewd'm readers an annualised return of 1.083^(365/2) = 2 million times starting capital.
Don't get me wrong though - I'm not suggesting it will be extremely easy to obtain a return of $1 to $2,000,000 over one year. So let's be more realistic and call it just half of that. Even if everyone can receive $1,000,000 for every $1 invested, then it would a great outcome.
Absurdness(*) aside , thank-you for all your posts.
- Manlobbi
* As a contrast to the absurd, for a forecast by Jim that was truly excellent (get ready for Jim to try to contradict the praise). Let's instead move from the short-term to the medium-term. Back on 1 October 2022 Jim proposed that day as a call for a market bottom. This turned out to be out by - wait for it - one single day, which has held to the present. In the investing world, the bell is usually eerily silent at the absolute bottom, but just one day later there was anyway someone in the lonely distant mist ringing it for the first time.
