This is going to be a blog for me to organize some scattered thoughts and to deposit them in my Pensieve.
I am mostly an investor for income with an eye on value.
So, I did not pay much attention to high tech stocks which were mostly classified as high growth stocks at the same time.
The eye watering PE ratios were just too off putting.
Of course, in the years when interest rates were almost zero, investors who were looking for higher returns were more forgiving.
So, growth stocks took off and eye watering PE ratios became eye popping.
Now that cash is no longer trash, investors are more demanding.
Investors want to see profits and not just promises of future profits.
This has led to the decline in the stock prices of high tech stocks.
However, if we are still interested in investing in high tech businesses because many of them are...