How has that worked out?
I have followed the performance of Saul’s, the ones he held either end of August or end of September. Can’t remember which, but I wrote down what he had for whichever I thought was most representative at the time.
Here they are, with then and now prices:
Symbol 9/23 price 11/26 price CRWD 160.39 140.06 S 24.79 16.32 DDOG 87.28 74.84 SNOW 172.13 144.42 NET 54.43 46.30 BILL 125.74 121.47 MNDY 114.43 97.83 ZS 158.64 138.75
These average down 15.8%. I am not about to declare victory. This is just a point in time. All the way back, two days before, 11/23, these averaged down 17.9%. This is very much a work in progress, and one doomed to failure if I stay largely in cash long enough. But I wanted to record this because in the last two months there has been serious FOMO/POMO angst on my part, and some celebration on that other board. I am not throwing rocks at Saul’s portfolio, either. I own 6 of these stocks, just very much smaller percentages. Actually, I own only 5 as I sold calls on CRWD, $139 and it closed at $140.05. I still made money as I sold them for $1.84 and sold puts for $0.94.
Anxious to see how next week turns out.
KC