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  1. oracle

    Is Australia facing the first recession in 20 years?

    The largest diversified miner in the world BHP Billion Ltd has a market cap of approx $150B. Australia's population is approx 22 million. Let's just say 20million want to participate in this exercise. If each of those 20million invested $100 per month which is less than the amount some ppl...
  2. oracle

    Is Australia facing the first recession in 20 years?

    Those prices mean nothing unless you know what multiple of earnings was being paid. Is Amazon or Facebook worth 100 times earnings? We could come back in 10 years and Facebook would still be trading at $33 even if it is earning 10 times more than what it is earning today, because in 10yrs...
  3. oracle

    Is Australia facing the first recession in 20 years?

    Didn't do any buying since early Feb....as the market kept rising and I don't like to buy when bulls are in control...You tend to overpay. And since I am a buy and hold investor I don't buy to make a quick buck by riding the trend. So it was a welcome relief when market dropped over 9% over...
  4. oracle

    Is Australia facing the first recession in 20 years?

    Amazing, what a difference 12days can make! So many stocks starting to look very attractive....time to make some decisions. Cheers, Oracle.
  5. oracle

    Is Australia facing the first recession in 20 years?

    Me too...I have my eyes on a few companies but am staying patient, waiting for a pullback. Cheers, Oracle.
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