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It is a myth that the higher multiple stocks fall farther on the down and don’t rise higher on the up. You can keep saying it but the data clearly disputes that.


I have not said that....I have said that the higher multiple stocks fall further on the down....that is a fact.

I have also said that ultra high P/S don't continue to perform as well as lower valued stocks in the medium term....that was supported by our own investigation of stocks with P/S>20.

There is no myth to it.

In terms of handwringing, obsession, etc....haven't seen that here either. In my case, I clearly trade far less than most.
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