jbs

Shorting the Homebuilders as Their Stocks Surge

Everyone thinks they are right. Half of you will be. Congrats.

None of us knows where the market is going. I just like to get time on my side and average down with a safer index rather than individual stocks that might go to zero.

If I have a specific view and am confident in it then I will take a specific position in a company. But I don't see any level of analysis here that convinces me that anyone is much more likely to be right than a coin is likely to land on heads.

Isn't time better spent looking at the value of individual builders rather than guessing at which direction the market is going?