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Originally Posted by ChiliConCarnage
Rain - I'd just compare yourself to the S&P 500.
The Dow is old and works in a stupid way. The Nasdaq is very concentrated in technology so you're not going to beat it with any diversified/balanced portfolio that cares about risk-adjusted returns over the long haul. You can keep up with it probably if you buy QQQ which is the nasdaq-100 index.
Actually, I'll amend that.. you likely won't beat nasdaq when the markets going up. You probably will beat it during a bear market.
I noticed before I left work that Calavo's floated shares are currently 27% shorting the stock. That's a ton, up there with like Tesla. I'm guessing others think the valuation is too high also. just fyi, if you're planning to hold it long term I wouldn't care. Seems like a good company with low debt and apparently millennials are busy buying avocado toast instead of homes hah
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Interesting points. I too view the S&P 500 as my major target, but I've worried about getting my rear kicked by NASDAQ this past year. But if it's just a bull market thing, I can live with it.
I dunno the deal with Calavo, but it's been gold for me. There was some reason that I bought it several years back, and I don't even remember the reason, but it's just gone consistently up. I was a little worried that the trade stuff and the wall talk would hurt it, but it hasn't been an issue at all. I've been treated very well by the avocado.