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It is very hard or impossible to time the broad market consistently — there are no famous investors that got rich by consistently knowing what the broad market would do next. This only makes sense, as there are just too many variables in the broad market. But there are many famous investors who... More
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  • Log Up And Line On To Netflix 8 comments
    Oct 25, 2013 2:19 PM | about stocks: NFLX

    Netflix's chart tells the story of a stock that has been basically flat with two huge surges:

    (click to enlarge)

    Or does it? Let's look at NFLX's chart logarithmically.

    (click to enlarge)

    If you have $100 and gain $20, you have a nice gain in percentage terms. If you have $1,000,000 and gain $20, you do not have a nice gain in percentage terms.

    Looking at the (Captain's) log shows similar percentage moves visually the same. A 10% move in 2004 looks the same as a 10% move in 2013.

    And knowing is half the battle.

    Themes: Captain's Log Stocks: NFLX
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Comments (8)
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  • snortinnorton10
    , contributor
    Comments (11) | Send Message
     
    G.I. Joe!
    25 Oct 2013, 02:36 PM Reply Like
  • Joe Springer
    , contributor
    Comments (2322) | Send Message
     
    Author’s reply » Exactly!
    25 Oct 2013, 02:37 PM Reply Like
  • Bio Bull
    , contributor
    Comments (252) | Send Message
     
    You should end all your blogs like that! Great cartoon but the movies are so-so.
    25 Oct 2013, 03:00 PM Reply Like
  • Joe Springer
    , contributor
    Comments (2322) | Send Message
     
    Author’s reply » That's a great idea Red Bull! I've been shopping for buzz phrases, but nothing is sticking.
    25 Oct 2013, 03:07 PM Reply Like
  • petethepanzer
    , contributor
    Comments (1077) | Send Message
     
    the pe ratio is worth checking its quite high

     

    also the debt is in the billions for netflix
    25 Oct 2013, 10:16 PM Reply Like
  • Joe Springer
    , contributor
    Comments (2322) | Send Message
     
    Author’s reply » It's a deep value play Pete!

     

    I'm neither bull nor bear, it was just a good example of the log chart.
    25 Oct 2013, 10:25 PM Reply Like
  • Dennis R. Mahon
    , contributor
    Comments (444) | Send Message
     
    How far is The Old Log Inn?
    26 Oct 2013, 12:35 PM Reply Like
  • vireoman
    , contributor
    Comments (1119) | Send Message
     
    "And knowing is half the battle." Kinda portentously Shatneresque, don't you think. How about "Shazzam!" I don't think anyone lays claim to that one anymore. Speaking of GI Joe, I wonder what business whiz figured out a way for boys to be able to play with dolls (!!) and still feel 'cool' about it. (I was one of them).
    28 Oct 2013, 01:14 AM Reply Like
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