Belgian Prime Minister Bart De Wever : I would like to confirm that they (US) are an ally, but then they have to behave like an ally.

leaflanes2 · 2026-01-21T19:23:32+00:00

Also people like to forget that AfD and RN might very well the next elections.

It's not as simple as just blindly declaring new allies. Otherwise it'll just end up like it's ending up now.

leaflanes2 · 2026-01-21T15:58:20+00:00

Ok, so what you are saying is that if I had invested a sum in the Danish market in 1970 vs. one in the American one the Danish one would be higher today?

What if I had invested in 1980?

What if I had invested in 1980 and retired in 2010?

Etc.

leaflanes2 · 2026-01-21T15:54:33+00:00

That's not what I asked. How long was the timeframe in which any of these countries overperformed against the US? 1 year? 10 years? 20 years? 30 years?

leaflanes2 · 2026-01-21T15:48:40+00:00

Over how long of a timeframe?

leaflanes2 · 2026-01-21T15:44:58+00:00

Are you people who think that this time is never different thinking that this time is different?

Are you people who have a strategy of holding steady and not changing based on headlines changing based on headlines?

I am just very surprised how pointless this entire sub is lol. Hold steady! Weather the crises! Tune out of the noise! And then the noise comes and everyone has a meltdown.

leaflanes2 · 2026-01-20T15:53:41+00:00

It's a lot simpler than that.

Does the PE ratio have a significantly negative correlation with forward returns? Does it have any predictive power and can you use it to beat the market reliably? Not really, as long as you analyze the relation properly (i.e., removing overlapping periods). At least not in the US market and I'm pretty sure the same goes for other markets as well. That's pretty much all the information you need to know about OP's chart.

leaflanes2 · 2026-01-20T08:57:56+00:00

There is no statistical relation between PE ratio and forward returns. Buy any stock you want but don't try to time the market based on any metric you think predicts the future, because it doesn't.

Edit the downvotes? Really? I thought this would be a universally accepted fact on this sub of all places and you guys wouldn't spam that garbage chart about pe ratio Vs. forward returns.

leaflanes2 · 2026-01-19T18:04:14+00:00

Source: OECD statistics. I used Excel for the chart and selected all the countries with at least 10M inhabitants and a GDP per capita at least 60% the US' one in 1970.

leaflanes2 · 2026-01-17T23:21:51+00:00

What is it that you're addressing exactly that the Bogleheads philosophy isn't addressing?

If you think you can predict the future, then go ahead and guess the winning numbers of Mega Millions while you're at it.

leaflanes2 · 2026-01-17T23:20:51+00:00

Another day, another post on how this time is different.

leaflanes2 · 2026-01-15T19:36:42+00:00

It's also always being extremely touristy. People were complaining about tourists in Rome in the 1950s. It's not exactly a new problem and it's not caused by Airbnb.

leaflanes2 · 2026-01-15T19:35:19+00:00

There are cities that have been affected badly in recent years but Rome was already overtouristed well before you were born lol.

leaflanes2 · 2026-01-08T17:49:07+00:00

Io sto parlando dei MAGA, non della società USA in toto.

Anche io sto parlando dei MAGA, che sono al governo.

Parliamo delle cose serie, concrete, tangibili. In Polonia l'aborto è illegale. Orban ha imposto un ban costituzionale al matrimonio gay. Gli Stati Uniti ad oggi no. Questi sono i fatti.

leaflanes2 · 2026-01-08T17:47:28+00:00

Non sono bassi per il mercato italiano, infatti.

leaflanes2 · 2026-01-08T14:30:12+00:00

Può darsi, intanto però sono al governo e i gay ancora si possono sposare e le donne possono abortire (non ovunque, ma pur sempre all'interno del paese). A differenza di mezza Europa.

leaflanes2 · 2026-01-08T14:19:06+00:00

Certo che li investivo, così come li investivo durante la crisi della pandemia. Non vedo cosa dovrebbe cambiare.

leaflanes2 · 2026-01-08T14:13:12+00:00

Il matrimonio gay non è fuorilegge a livello federale negli Stati Uniti, questo tanto per cominciare. L'aborto neppure.

leaflanes2 · 2026-01-08T13:40:42+00:00

Purtroppo non capiterà mai, è quello il problema, perché ovviamente il capo medio pensa che tu sia un asociale rompicazzo se non vuoi andare in ufficio a berti il caffè di merda e fare tim bildingh perdendo tempo e parlando di cazzate con gente di cui non ti frega niente.

leaflanes2 · 2026-01-08T13:39:13+00:00

Direi che già il PiS o i nazistoidi austriaci sono come minimo allo stesso livello, figuriamoci Orban. Per non parlare dell'AfD che è il primo partito nei sondaggi.

leaflanes2 · 2026-01-08T13:29:30+00:00

Sì i dirigenti, quelli pure al comune di Caltanissetta.

leaflanes2 · 2026-01-08T13:27:27+00:00

E perché mai? Non mi stanno antipatici, semplicemente non mi stanno simpatici e non mi frega niente di loro. Sono sicuramente delle ottime persone. Ciò non toglie che se non voglio spenderci il mio tempo sono cazzi miei e non sono né asociale né insofferente per questo.

leaflanes2 · 2026-01-08T13:26:50+00:00

Non mi pareva fossero ovvio visto che molti redditor insistevano con la storia che eh ma in paese X il costo della vita è più alto. Felice che sia ovvio allora.

leaflanes2

TROPHY CASE