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

To: FIFO_kid2 who wrote (65626)	12/8/2020 7:52:36 AM
From: petal	2 Recommendations Recommended By E_K_S Nya_Quy Read Replies (3) \| Respond to of 78819

"a tough one to predict" I think this one goes for predictions generally: therefore I try not to make them – at all. I try to only look at what looks cheap, w/ re: to history and to the assets' NCAV, whatever that may be and however one might go about trying to get an idea of what it is numerically. I generally try to stay away from past "winners" since they are more likely to be overvalued and thus perform worse in future. I like best what no-one else likes. :-) Lumber too (and in this rare case, contrary to what I just said, I actually think it's an "ESG (a word i don't like to put in my mouth) play"). E_K_S makes a great case for lumber especially w/ re: to it being in short supply in US (don't know if that's still the case). Maybe that's the covid play aspect of it you were referring to? I like paper even more. I don't see a compelling reason as to why a couple of Nordic paper producers (Arctic Paper, Norske Skog) are trading at PE 1-3 based on last years earnings. People seem to flee that industry even more than oil. I don't get it. Sure, people aren't printing or reading as much, but that's nothing new. We may stop using oil dramatically in 5-10 years. We won't stop using paper in the next one hundred.