Recent comments in /f/wallstreetbets

IDesireWisdom t1_jefyyf3 wrote

Do you find it ironic that understanding Burry’s predictions requires some ability to think critically?

The people capable of understanding his predictions don’t need them; Those who don’t understand them are the ones who gamble on them.

Instead of agreeing with burry because we understand him we erect the church of Burry and pray to him for answers

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honkballs t1_jefyv39 wrote

Earnings have gone up quite a lot over the last 10 years and as the Shiller PE takes an average of the last 10 years earnings, it will mean it's using a lower average earnings than todays earnings for it calculation.

Combine that with todays prices not actually being very cheap, it's resulting in a high Shiller PE. As long as earnings remain the same (or increase) even if stock prices don't go up the Shiller PE will start to come down over the next few years.

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MmmPeopleBacon t1_jefyuij wrote

Reply to comment by iggyphi in OK analyst by Affectionate_Lab_425

You're a dumbass. Any model will have a range of assumptions a good model will account to solve extent for those assumptions changing. However if a new event happens they alters the likely range of those assumptions then updates need to be made.

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