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 Post subject: A blast from the past - Bank Shares
PostPosted: Wed Dec 21, 2016 10:21 am 
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how have they performed


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 Post subject: Re: A blast from the past - Bank Shares
PostPosted: Wed Dec 21, 2016 10:40 am 
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i love the internet - no place for bluffers to hide

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 Post subject: Re: A blast from the past - Bank Shares
PostPosted: Wed Dec 21, 2016 11:31 am 
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Ahhh some Christmas cheer.


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 Post subject: Re: A blast from the past - Bank Shares
PostPosted: Wed Dec 21, 2016 11:50 am 
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mr_anderson wrote:
Ahhh some Christmas cheer.


Banking largesse ... by Brendan Burgess


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 Post subject: Re: A blast from the past - Bank Shares
PostPosted: Wed Dec 21, 2016 11:51 am 
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List of them here
viewtopic.php?f=4&t=2631


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 Post subject: Re: A blast from the past - Bank Shares
PostPosted: Wed Dec 21, 2016 2:26 pm 
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That's cheered me up!


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 Post subject: Re: A blast from the past - Bank Shares
PostPosted: Sat Dec 24, 2016 3:25 pm 
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how is burgess bum call any more silly than the kind which dominated here circa 2012 ? , i recall talk of average three bed semis in dublin reaching lows of 120 k , today they are nearly three times that

this site is in no position to mock anyone


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 Post subject: Re: A blast from the past - Bank Shares
PostPosted: Sat Dec 24, 2016 4:11 pm 
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irish_bob wrote:
how is burgess bum call any more silly than the kind which dominated here circa 2012 ? , i recall talk of average three bed semis in dublin reaching lows of 120 k , today they are nearly three times that

this site is in no position to mock anyone

There's a difference between anonymous banter on a web forum, and holding yourself out to be an expert on TV.

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 Post subject: Re: A blast from the past - Bank Shares
PostPosted: Sat Dec 24, 2016 4:45 pm 
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irish_bob wrote:
how is burgess bum call any more silly than the kind which dominated here circa 2012 ? , i recall talk of average three bed semis in dublin reaching lows of 120 k , today they are nearly three times that

this site is in no position to mock anyone

Burgess banned the discussion of house price drops on Ask About Money so being wrong on the price range is an entirely different matter.

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Those who don't study history are doomed to repeat it. Those who do study history are doomed to watch everyone else repeating it.


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 Post subject: Re: A blast from the past - Bank Shares
PostPosted: Sat Dec 24, 2016 5:02 pm 
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catbear wrote:
irish_bob wrote:
how is burgess bum call any more silly than the kind which dominated here circa 2012 ? , i recall talk of average three bed semis in dublin reaching lows of 120 k , today they are nearly three times that

this site is in no position to mock anyone

Burgess banned the discussion of house price drops on Ask About Money so being wrong on the price range is an entirely different matter.

If it wasn't for Merkel and her bazookas, there wouldn't be the money sloshing around to pump up the housing market now.

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 Post subject: Re: A blast from the past - Bank Shares
PostPosted: Sat Dec 24, 2016 6:06 pm 
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dolanbaker wrote:
If it wasn't for Merkel and her bazookas, there wouldn't be the money sloshing around to pump up the housing market now.

Unless I'm mistaken the giant pool of money that flooded the world with credit in the 00s came, like the magi, from the east.

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 Post subject: Re: A blast from the past - Bank Shares
PostPosted: Mon Dec 26, 2016 9:48 pm 
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Brendan made one claim about Irish bank shares which events have shown up to be really bad.

He made a second claim about Irish shares in general being undervalued. If you had followed his advice and bought the ISEQ that day you would be sitting on a 50-ish% profit over the 8 years since then.


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 Post subject: Re: A blast from the past - Bank Shares
PostPosted: Wed Dec 28, 2016 7:46 pm 
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In meantime bitcoin is at over 900 euro, all time high


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 Post subject: Re: A blast from the past - Bank Shares
PostPosted: Thu Dec 29, 2016 12:06 am 
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Skippy 3 wrote:
He made a second claim about Irish shares in general being undervalued. If you had followed his advice and bought the ISEQ that day you would be sitting on a 50-ish% profit over the 8 years since then.

Do you need that sort stress for a rough average 5% increase per year. 1.05 to the power of eight on the survivors.


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 Post subject: Re: A blast from the past - Bank Shares
PostPosted: Thu Dec 29, 2016 7:48 am 
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Skippy 3 wrote:
Brendan made one claim about Irish bank shares which events have shown up to be really bad.

He made a second claim about Irish shares in general being undervalued. If you had followed his advice and bought the ISEQ that day you would be sitting on a 50-ish% profit over the 8 years since then.

The S&P500 has delivered an 111% total return (annualised 9.6%) since September 2008, 124% if you'd have waited until October.

I don't know why people bother with the ISEQ, seems like a mickey mouse exchange. Does it have tax advantages vs. London or European exchanges?

dipole wrote:
Do you need that sort stress for a rough average 5% increase per year. 1.05 to the power of eight on the survivors.

It's not stressful if you are expecting volatility.

NegativeEquity wrote:
i love the internet - no place for bluffers to hide

There are no bluffers on the pin? :D

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