Does that take into account the money printing? I don't think you can use the 'revert to the mean' if you keep adding an asset to an ever growing pool of the same. Would be nice though, then we could print ourselves into wealth.

"Why would you want to own stocks and bonds that only go up because the Fed is expected to come to the rescue if something goes wrong?"

Let me fix that:

I want to own stocks and bonds (and gold) because they go up because the fed comes to the rescue when something goes wrong.

:-)

Of course I am never sure (i.e. 100 % probabilty) but DIS was not cheap at $120 before Corona, in my opinion, because it isn't sure yet how much they are going to earn with Disney+. In addition to that their earnings are plummeting. So I would say $120 is too expensive for the risk you have to take.

www.macrotrends.net/.../eps-earnings-per-share-diluted

Not a bad company at all but they got hit by something out of their control on a moment they were adding streaming and needed money for that so when they were most vulnerable.

Seems it already surpassed $1920 :-)

I liked it in 2018 and 2019 sold after the Disney+ announcement, great company but this is not the company you want to be in right now especially not at its current price.