What Value Investing with Sven Carlin, Ph.D. said in this video:
- OtherneutralThe host discloses that he is fully invested, but this does not mean he is a bull or a bear; he simply sticks to his own strategy.Source
- Valuationneutrallong-termCiting Paul Tudor Jones, the host notes the market still looks like 1999 and 2027 will be very challenging, adding that Jones is usually right on such things.Source
- SPYneutrallong-termAt current valuations, historical results for the S&P 500 have been terrible; its shareholder yield is only about 2% (1% dividend plus 1% buyback), and if the yield rose to 4% the market would be 50% lower, so the low yield makes compounding wealth difficult.Source
- OtherneutralThe host strongly agrees with Joseph Carlson that investors in the stock market should pencil in and accept 20-30% portfolio declines every few years.Source
- Valuationneutrallong-termThe host emphasizes that valuations matter a lot; a P/E of 25 with the 10-year at 5% is not a cheap stock, no matter the promised growth.Source
- MSFTneutrallong-termThe host classifies Microsoft as risky for low return; he cannot predict where Microsoft will be in five years, but sees its current risk-reward as unattractive.Source
- OneutralThe host says Realty Income is still okay, only a little bit above market risk.Source
- KSPIneutralThe host mentions that, for those seeking more growth than Microsoft, Kaspi (KSPI) trades at a P/E of 8.Source