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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: Spekulatius who wrote (44561)9/25/2011 6:31:42 PM
From: Jurgis Bekepuris  Read Replies (1) | Respond to of 78715
 
This works probably better than PSR alone, but is harder to calculate.

Well, I'll tell you a secret - Ken did not use "PSR alone". ;) But you also may enjoy guessing how much he paid for a "simple one-time screen of the NYSE current PSRs" in 1981. ;) It might give you some idea how much he'd had to pay for something more complicated. ;)

If someone really believes that a great recession may come, picking winners will be futile, the thing to do is so short the indices.

I disagree. For some reason people think that "great depression" is continuous linear drop in all stock prices. It was anything but.