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Matt Cerminaro

๐Ÿ‘ค Speaker
299 total appearances

Appearances Over Time

Podcast Appearances

The Compound and Friends
What You Need to Survive a Bull Market

that tripled over the past year when it should have 5x or 6x maybe.

The Compound and Friends
What You Need to Survive a Bull Market

And there's still value even if the stock has gone up so much.

The Compound and Friends
What You Need to Survive a Bull Market

So that's what I'm taking away from this.

The Compound and Friends
What You Need to Survive a Bull Market

It's like, Michael, that blog post you wrote about

The Compound and Friends
What You Need to Survive a Bull Market

how to find good people and you just give people more, you give people more responsibility than they might even need or can handle and see what happens.

The Compound and Friends
What You Need to Survive a Bull Market

It's like sometimes ignorance is bliss.

The Compound and Friends
What You Need to Survive a Bull Market

Just drop the kid there, Chart.

The Compound and Friends
What You Need to Survive a Bull Market

People are calling me Chart around the office now.

The Compound and Friends
What You Need to Survive a Bull Market

I'm not upset about it.

The Compound and Friends
What You Need to Survive a Bull Market

I guess I'm moving up in the world.

The Compound and Friends
What You Need to Survive a Bull Market

All right.

The Compound and Friends
What You Need to Survive a Bull Market

All right, I pulled this stat right before because I saw you had this in here.

The Compound and Friends
What You Need to Survive a Bull Market

So analysts expect $427 of earnings in 2028.

The Compound and Friends
What You Need to Survive a Bull Market

So let's just put 20 multiple.

The Compound and Friends
What You Need to Survive a Bull Market

I know it's not that easy, but that's like $8,500, $8,600 S&P 500.

The Compound and Friends
What You Need to Survive a Bull Market

But just purely from earnings, that's like 40% growth from where we are right now through the end of 2028.

The Compound and Friends
What You Need to Survive a Bull Market

And so I do believe that there are, and I'm gonna answer the question, but I do believe that there are symmetries in markets where if we move up really fast, we move down really fast.

The Compound and Friends
What You Need to Survive a Bull Market

And we move down really fast, we move up really fast.

The Compound and Friends
What You Need to Survive a Bull Market

That's just what happens.

The Compound and Friends
What You Need to Survive a Bull Market

But if you have 40% earnings growth over the next two years, you can't be in inning eight.