I Wonder How Many Fancy Finance Models Predicted This

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Spock
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I Wonder How Many Fancy Finance Models Predicted This

#1 Post by Spock » Fri Mar 18, 2022 3:30 pm

I own some John Deere stock in Dad's IRA and today it reached a level that I had to take a little off the table.

With dividends, it is at roughly 1,000% return since I bought it several years ago. Slow and steady wins the race.

I wonder how many fancy finance types predicted 1,000% return on John Deere?

Hell, I never dreamed of it. I was ecstatic when it was at about a 300% return.

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Bob Juch
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Re: I Wonder How Many Fancy Finance Models Predicted This

#2 Post by Bob Juch » Fri Mar 18, 2022 4:42 pm

Spock wrote:
Fri Mar 18, 2022 3:30 pm
I own some John Deere stock in Dad's IRA and today it reached a level that I had to take a little off the table.

With dividends, it is at roughly 1,000% return since I bought it several years ago. Slow and steady wins the race.

I wonder how many fancy finance types predicted 1,000% return on John Deere?

Hell, I never dreamed of it. I was ecstatic when it was at about a 300% return.
In what year did you buy it?
I may not have gone where I intended to go, but I think I have ended up where I needed to be.
- Douglas Adams (1952 - 2001)

Si fractum non sit, noli id reficere.

Teach a child to be polite and courteous in the home and, when he grows up, he'll never be able to drive in New Jersey.

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