Eugene Ng's avatar
$19m follower assets
S&P 500 Earnings Squiggles of Consensus Analyst Estimates.
Why I don’t care about analyst consensus estimates, and am not bothered by changes.

It is short-term and constantly prone to shifting expectations of pessimism/underestimation (more) and optimism/overestimation.

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Joey Hirendernath's avatar
Well said!
One of the quotes I like to remind myself when I am bogged with pessimism is -
"People who succeed in the stock market also accept periodic losses, setbacks, and unexpected occurrences. Calamitous drops do not scare them out of the game. There’s no such thing as a worry-free investment. The trick is to separate the valid worries from the idle worries, and then check the worries against the facts." - Peter Lynch
Eugene Ng's avatar
This is so good. Thanks for sharing!

There’s no such thing as a worry-free investment. The trick is to separate the valid worries from the idle worries, and then check the worries against the facts.

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