What's the disclosure on every financial product. 'Past returns are not indicative of future returns'. Buying CBA today just because it has cooked 45% in the past year is very high risk.
Yes CBA has risen 60% over the past 18 months. But earnings are growing at 2%. How is that sustainable?
And yes government bonds dont rise 60%, but they also wont correct 30-40% to the mean. But then why worry about markets ever correcting again, why ever worry about a reversion to the mean? Why even bother with the concept of a margin of safety............stocks only ever go up right?
One day the lesson will be learnt, it always is
What's the disclosure on every financial product. 'Past returns...
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Last
$180.18 |
Change
1.040(0.58%) |
Mkt cap ! $301.5B | |||
| Open | High | Low | Value | Volume |
| $178.92 | $181.30 | $178.30 | $318.8M | 1.772M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1 | $180.14 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $180.18 | 240 | 1 |
View Market Depth
| Last trade - 16.10pm 18/06/2025 (20 minute delay) ? |
| CBA (ASX) Chart |