BRK | Avondale Asset Management

28 Sep 2012

PE Multiple Expansion of Largest S&P 500 Companies

by Scott Krisiloff | posted in: BRK, CVX, GE, GOOG, IBM, MSFT, PG, WMT, XOM | 0

The S&P 500 is up 15% year to date, but earnings are forecast to grow 3-5% this year, which mathematically means that we’ve experienced some multiple expansion during 2012. Below is a chart highlighting the multiple expansion for the 10 … Continued

9 Aug 2012

Has Any Asset Ever Had a Longer Streak of Positive Annual Returns Than Gold?

by Scott Krisiloff | posted in: BRK, Gold, housing, Market Studies, MSFT, WMT | 0

This year, gold bears’ favorite statistic is that gold has been up 11 years in a row, but no asset class has ever been up 12 in a row. How does that compare to the longest winning streaks for other assets? … Continued