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Retirement is going to be tough
Amazon is worth $1,019 a share.
The most brilliant investor ever.
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Going back to 1896, the Dow has an average gain of 0.49% from May 6 until October 29. The rest of the year, it's averaged 7.11%. (Note: This doesn't include dividends.)
— Eddy Elfenbein (@EddyElfenbein) April 30, 2018
Before we get carried away with 'Sell in May and Go Away', just remember that the S&P 500 has been higher in May each of the past 5 years.
— Ryan Detrick, CMT (@RyanDetrick) April 29, 2018
60% of $SPX has reported for 1Q18. Sales +9%, profit +28%, margins at new high of 11.7%. Equity gains are driven mostly by fundamentals, not valuation or share reduction pic.twitter.com/WCFS0PwrTE
— Urban Carmel (@ukarlewitz) April 27, 2018
If you're a younger analyst and you're using the Sohn Conference as a way to source ideas, here's a personal anecdote (and warning). In 2003, I was put in touch with Peter Lynch to discuss a company he was investing in. I ended up having a ~2 hour conversation…
— David Horn (@davidmarchorn) April 23, 2018
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