Back to 2000 PE multiples. In 2000 it was up to 14.
The last month we have hit 14, actually 14.1. There is
no doubt that we are in a bubble, now it can and will probably keep
going higher. Know this, the easy money has been made.
It is a game of "jengo" now. As Matt has discussed,
hopefully we get a meaningful pullback in the next week so to get
some better entry points for the next wave. Ride the wave
until it crashes:)
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Back to 2000 PE multiples.
Posted by ssaffer on 8th of Jan 2020 at 01:49 pm
Back to 2000 PE multiples. In 2000 it was up to 14. The last month we have hit 14, actually 14.1. There is no doubt that we are in a bubble, now it can and will probably keep going higher. Know this, the easy money has been made. It is a game of "jengo" now. As Matt has discussed, hopefully we get a meaningful pullback in the next week so to get some better entry points for the next wave. Ride the wave until it crashes:)