How much longer will this bear market go on for?

Prism

Serve_the_Servants said:

Prism said:

Type_45 said:

Prism said:

Type_45 said:

That's $200 billion.

$200 billion of market cap - very little in real money though

And this tells us what about our own portfolios? ...

Nothing at all. The fact that Meta or now Amazon can drop 10%/20% in a day is an example of how comparing portfolios over short periods of time is mostly irrelevant. Its possibly an interesting exercise to see how well or poorly things are doing but a period of 10+ years is of more interest.

I’d hazard a guess that in 10 years, the giants of today will no longer be giants.  Apple, Amazon, Alphabet, Meta, Netflix etc etc. We are entering earth 2.0 and they’re not going to like what’s going to hit them. 

Shrug. Maybe. Makes no difference to me. Companies rise and fall over the years.

Type_45

Prism said:

Serve_the_Servants said:

Prism said:

Type_45 said:

Prism said:

Type_45 said:

That's $200 billion.

$200 billion of market cap - very little in real money though

And this tells us what about our own portfolios? ...

Nothing at all. The fact that Meta or now Amazon can drop 10%/20% in a day is an example of how comparing portfolios over short periods of time is mostly irrelevant. Its possibly an interesting exercise to see how well or poorly things are doing but a period of 10+ years is of more interest.

I’d hazard a guess that in 10 years, the giants of today will no longer be giants.  Apple, Amazon, Alphabet, Meta, Netflix etc etc. We are entering earth 2.0 and they’re not going to like what’s going to hit them. 

Shrug. Maybe. Makes no difference to me. Companies rise and fall over the years.

Got gold?

aroominyork

Type_45 said:

Prism said:

Serve_the_Servants said:

Prism said:

Type_45 said:

Prism said:

Type_45 said:

That's $200 billion.

$200 billion of market cap - very little in real money though

And this tells us what about our own portfolios? ...

Nothing at all. The fact that Meta or now Amazon can drop 10%/20% in a day is an example of how comparing portfolios over short periods of time is mostly irrelevant. Its possibly an interesting exercise to see how well or poorly things are doing but a period of 10+ years is of more interest.

I’d hazard a guess that in 10 years, the giants of today will no longer be giants.  Apple, Amazon, Alphabet, Meta, Netflix etc etc. We are entering earth 2.0 and they’re not going to like what’s going to hit them. 

Shrug. Maybe. Makes no difference to me. Companies rise and fall over the years.

Got gold?

Nope, only the bits my WP funds hold. But neither would I have held gold when high flyers included the likes of Blockbuster, Enron, Blackberry, Kodak, Pan-Am, MySpace, Yahoo, Polaroid. I just would have watched them fail, watch others take their places and made money in the stock market.

Prism

Type_45 said:

Prism said:

Serve_the_Servants said:

Prism said:

Type_45 said:

Prism said:

Type_45 said:

That's $200 billion.

$200 billion of market cap - very little in real money though

And this tells us what about our own portfolios? ...

Nothing at all. The fact that Meta or now Amazon can drop 10%/20% in a day is an example of how comparing portfolios over short periods of time is mostly irrelevant. Its possibly an interesting exercise to see how well or poorly things are doing but a period of 10+ years is of more interest.

I’d hazard a guess that in 10 years, the giants of today will no longer be giants.  Apple, Amazon, Alphabet, Meta, Netflix etc etc. We are entering earth 2.0 and they’re not going to like what’s going to hit them. 

Shrug. Maybe. Makes no difference to me. Companies rise and fall over the years.

Got gold?

A bit in a tracker but nothing that makes much difference. Not sure why thats relevant to the fact that companies will come and go as they have many times before.

Type_45

FAANGs be like....

GazzaBloom

Type_45 said:

FAANGs be like....

Amazon are forecasting $140-148 BN vs market expectations of $155BN for Q4 revenues.

In the midst of rising interest rates and cost of living, it's not exactly a sunk ship is it? Typical market over reaction on the pre-market which is already coming back up a bit.

Let's see what Amazon's revenues are like in 5-10 years. 

LHW99

GazzaBloom said:

Type_45 said:

FAANGs be like....

Amazon are forecasting $140-148 BN vs market expectations of $155BN for Q4 revenues.

In the midst of rising interest rates and cost of living, it's not exactly a sunk ship is it? Typical market over reaction on the pre-market which is already coming back up a bit.

Let's see what Amazon's revenues are like in 5-10 years. 

The graph looks dramatic - but would be less eyecatching if they started the y-axis properly (at zero)

Type_45

It's the Y axis what done it.

Nebulous2

We've gone through the interest rate issues, with the pivot from growth to value, and now we are entering the next phase with the reaction to lowered profit expectations. 

Fairly standard stuff - nothing to get excited about.......

Type_45

Nebulous2 said:

We've gone through the interest rate issues, with the pivot from growth to value, and now we are entering the next phase with the reaction to lowered profit expectations. 

Fairly standard stuff - nothing to get excited about.......

It's the biggest single after-hours market cap drop in history.