We mice are simple creatures. We are not too bright at all. Certainly not as smart as your average American. And we look upon your stock markets with both admiration and amazement.
For instance - consider the NASDAQ today:
- Facebook - down 18.96% (market cap - $630bn)
- Amazon - down 2.98% (market cap - $887bn)
- Biogen - down 10.18% (market cap - $78bn)
Yet against this sort of selloff, the NASDAQ 100 is down a mere 1.44%. Legendary! (Though a little on the nose.)
What amazes us mice more however, is the amount of money Americans are willing to pay for companies in the NASDAQ. Consider the P/E (price to earnings) ratio.
A P/E ratio of 10:1 means an investor is willing to pay 10 times annual earnings for a share of a company. Us simple little mice like to sniff out bargains - we look for companies with a P/E ratio under 10. Or if we feel that there is great growth potential - we might consider up to 20.
Now look at what Americans are willing to pay for stocks in their NASDAQ:
- Amazon - P/E 293 - they are happy to pay 293x annual earnings for shares in this company. A 293 year pay-back period! Legendary!!
- Adobe - P/E 55 - 55x annual earnings.
- Expedia - P/E 65x annual earnings.
- Netflix - P/E 152x annual earnings.
- Wynn Resorts - P/E 167x annual earnings.
- Paypal - P/E 50x annual earnings (and with cryptocurrency hot on its heals).
Legendary!
But the best of all - TESLA - a company worth $50 Billion and it runs an annual loss - Beyond Legendary!!
We mice raise our glasses now to the NASDAQ and the American Investor. You have stared 'mathematics and sound investing principles' in the face and said... 'F%#k you - we're going to the Moon!'
One day they will write ballads of your exploits, trials and tribulations.
Companies like Tesla and Uber make me wonder how valuation is done, and why people are willing to invest so much on a hunch.
Speculative as it may be, if people didn't profit they probably would've stopped by now. The only people who see the craziness of the whole things are we obesevers.
Nice to see this side of you mice, never knew you had a flair for economics. Wait, I remember - mice always follow the cheese
Simple creatures @sniffnscurry? Hmmm. Seem very savvy to me ...👍
For this "old warhorse," I'm thinking very light, if at all, on "exploits" and a heavy, heavy dose of "trials and tribulations" ... 😏
We'll see, soon enough ...
Well done @sniffnscurry! Keep 'em coming!! 😊
Posted using Partiko Android
P.S. Great animated GIF. Mind sharing who created it?
It's been a rough couple of weeks. But it's still good to see some Giant investors reaping it big. We're all in. Cheers @sniffnscurry
This is mathematics of business, will study them for life so that when tough times comes I applied them.
Wao! Snnifscurry are amazing, they are very accurate figures. I will study these mathematical principles.
These are my favorite mice
They know how to smell good cheese !!!
wao, eres un ratón muy inteligente! Usted sabe muy bien cómo hacer análisis financieros y estudios económicos, ¡¡¡Felicitaciones !!! No sabía esa faceta de ti. :)
You are a legendary creature.
Cheers for a shamping.
excellent publication
Mice are indeed simple creatures
Simple creatures doing great things
Simple creatures making waves.
I also need to mice my glasses too. Lol!
Wow! It's good to know that America has got great investor. They are indeed legends. Thanks for sharing with us @sniffnscurry and cheers to Sniff and Scurry the mice 🍷
they are literally going to the moon now.haha
It came to me as a surprise when I heard that facebook lost around $15billoin
His economy style mice is very good, sniffnscurry mice are not normal mice
I like your humility,
I do not think that they are so simple after reading this analysis so complete that they have presented us !!
es interesante saber cosas de la mano de expertos, cada dia se aprende algo nuevo y que mejor de ustedes @sniffnscurry felicitaciones
These companies are well visionaries, the truth is sometimes the risks these companies take cannot even be comprehensible by the ordinary mind outside, the mindset of business
Without a doubt my friends that you are always sniffing the possibilities of new cheese, they make it clear to me that what Spencer Johnson wanted to express in his book, you have it very clear.
@sniffnscurry tough times comes.. they will also understand sooner or later. Let's keep going on moon.
They know how to smell a good cheese! Spectacular financial analysis. There is no intelligence to envy the mice that are brought. The mice now increase our glasses to NASDAQ and the American investor. You have seen "mathematical principles and sound investment principles"
Tremendous, how much I wanted to delve into the mathematical principles and investment to enter the deep waters of mice. Blessings
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STOPI want to go to the moon with cryptos @sniffnscurry
buenas noches aqui mi visita,solicitando su apoyo ya que estoy aqui buscando generar ingresos para poder vivir en venezuela por la crisis tan dura que hay,espero me visite y lea mis post,hasta luego ,espero su visita en las noches ya que es cuando publico