标题: "You should buy quality names" [打印本页] 作者: brk1yn 时间: 2011-10-11 03:07 标题: "You should buy quality names"
Don't you love it when they say that?
I know what they mean... huddle under known brands, but do you ever hear them say "you should really get out there and buy low-quality names"?
There is the "Dogs of the Dow" strategy, which is sort of like that.作者: bkballa 时间: 2011-10-11 03:18
This is equivalent to "the market's going down in the future, so if you have to be long today, switch low-beta stocks"? In that case the better advice is "go short"?
Or is it the same as "vol will continue to be high, and we assume you like a low-vol portfolio -- regardless of market direction"?
Are you watching TV again?作者: anish 时间: 2011-10-11 03:24
I guess calling something a "cigar butt" is as close to calling it low quality as you can get. Actually, kind of worse.
I bought DLX below $10 a couple of years ago for yield and because it was trading at a ridiculous multiple. I would gladly concede it is a low quality name. I took a couple puffs on that nasty thing and sold it, admittedly too early.作者: kingstongal 时间: 2011-10-11 03:35
Riffing on your 2): "The stock market can remain irrational longer than you can remain liquid"作者: joehogue 时间: 2011-10-11 03:46
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Edited 1 time(s). Last edit at Friday, August 5, 2011 at 06:59PM by Dwight.作者: dandman 时间: 2011-10-11 03:51
bchadwick Wrote:
> Anyway, I coined a phrase today I intend to use
> for a while: "You have to remember two things
> about the stock market: 1) it's smarter than you
> are; and 2) it's dumber than you are."
Quality names usually means blue chips with a long history of dividends....think JNJ.
For Average Joe Investor's retirement account, makes sense really.
Edited 1 time(s). Last edit at Saturday, August 6, 2011 at 10:33AM by Palantir.作者: ASSet_MANagemen 时间: 2011-10-11 04:08
My put options on BAC are deep in the money now. I'm actually thinking of buying call options if things keep getting worse. No way they'll let it get ripped under.
