Have We Hit The Top?

[dealraker]

As far as tops are concerned, as we watch the major beer/wine/spirits makers stocks plummet, I've had a view for some time that I think we now see:  A major wipe-out of craft breweries.   A few will survive of course.  

 

 

[Sweet]

 

[WayWardCloud]

So definitely avoid Tesla (high PE, low margins), maybe avoid Amazon (low margins), and we're peachy

I don't understand what the big fuss is about concentration and even less about cash as a % of market cap.

Those are perhaps not cheap but reasonable valuations for some of the absolute best companies that have ever existed in the history of capitalism.

The last drop came from tech and that was only 3 years ago I don't think the next one will come from there.

 

Edited 1 hour ago by WayWardCloud

[Red Lion]

7 hours ago, nsx5200 said:

would be a real shame to have an Einstein-caliber offspring born in a multi-generation wealth family in a system that actively shields that offspring from having to contribute to society.

Yet all the progressives are posting memes about musk inheriting an emerald mine so he’s really not so impressive, and by the way if anyone in the market for a used tesla?