In September 2016 I acquired Target’s stock in the upper 60s. This was shortly after the company went “political” and sparked a boycott from conservative groups. In addition, the company was facing stiff competition from Amazon and other retailers were failing everywhere. I watched the stock fall into the lower 50s. As it collapsed further, I … [Read more...]
Archives for November 2019
Market Valuation Metrics
Last week the market continued to rise. Over the last quarter I began averaging in to Honeywell and even added on to my stake in Disney. Now I’m once again left scratching my head wondering what to buy next. The market appears overvalued, significantly so. The reason I don’t sell, however, is because we haven’t seen this … [Read more...]