Gyroscopic Investing

I am thinking in particular about Newmont Mining (NEM), it has never been lower in inflation-adjusted price than right now, but my quotes only go back to the late 1970s. Schwab Equity Ratings has it as an "A" rated stock in an "F" rated industry. I think I'll buy some this week. It has been beat down -77% since its 2011 peak.

Be careful. It can always be beaten down further.

dualstow wrote: Be careful. It can always be beaten down further.

Sounds like many people here have had that experience!