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The week's question
In March 2025, in the thread "Re: OT, out", Umm asked the members: "Do you think it is because America is made up of magical soil that makes businesses based in America magically profitable?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
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Halls of Shrewd'm / Earth Limits
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Author: TheReitStuff ⎊☼🐝  😊 😞
Number: of 56 
Subject: Re: Unite Group (UTG), UK, falling knife.
Date: 12/01/25 2:17 AM
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> Google another example.

> I bought in at 90 Jan 23 sold at 150/ 180 a year later.

Same here. Except, I bought Google in the 80s and sold in the 100s, twice in a row.

My mistake of selling too soon with Google was a result of trying out options (with the equivalent balance in cash).

It added a feeling of time pressure I've not felt before in investing. So I do not use options any more.

Separately, I was surprised by this bubble happening as it did, a strong rally beginning from such high levels.

The 'lows' of the last two 'crashes' of 2020 and 2022 are still higher than the Shiller CAPE of all but a few years in the last century.

Look at the graph and compare 1905, 1937, 1955, 1965, 2004, 2007, 2014 peaks for example against 2020 and 2022 lows.

multpl.com - Shiller pe

TRS
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This community has written 589 posts about Non-US Stocks. The article-length ones it recommended most:
Greggs PLC (GRG.L) · 21 recs · 2025
Topicus: Not Constellation · 16 recs · 2026
Unite Group (UTG), UK, falling knife. · 13 recs · 2025
SKAN · 11 recs · 2025
MELI - Brazilian darling · 10 recs · 2025
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