Do you always make assumptions about people? You know how it makes you look, right?
Well, cmon now. No need to cheerlead any company and talk about “many more years”. These stocks are going up because they’re in the parabolic rise stage 2 phase. As soon as they’re not, as soon as they start to slow growth even a little, show some competition, you - and everyone else - will dump them. It’s not “many more years” away.
Really? Well, lets see, currently in my portfolio, I have…
MDB - held 2 years, from the $50’s to now, my #4 holding.
AYX - held 2.5 years, from the $30’s to now, my #2 holding.
EXAS - held 3 years, from the $30’s to now, my smallest holding, probably exiting soon.
SHOP - held for 4 years, from $30 to $850, was my #1 holding for awhile, until I started trimming it in the last year, and finally sold the last of my shares within the last month.
NFLX - held for 10 years, from $11 to now, was my #1 holding for awhile, still #6, but yeah, a relic from my previous investing style, but still holding it, it’s Neflix’s streaming world, we all just live in it, and watch it!
The other 8 or so holdings in my portfolio have been held for less than 2 years, most because they haven’t even been public for that long (BYND, CRWD, DDOG, ESTC, LVGO, ZM), but I can see holding all of them for multiple years, too.
So what was that you were snidely commenting about nobody here holds for years? I think I’ve earned the right to say I’m looking forward to years of holding LVGO, and the outsized returns that I think will come with that.
Love the company, not the stock…
Sounds like you’re not a LVGO owner, too bad, I think you’re missing out.