“Saul has a rare talent for juggling explosives. This is not something to be encouraged in the general population. There is a time premium in most of his stocks, and that decays quickly, faster even than the companies will run out of IPO money”
Saul EXPLICITLY tells people to NOT blindly follow what he does. His asset allocation, to me,
is far beyond anything I can tolerate. As far as PTON, he dislikes companies that sell
hardware. and makes a pretty logical case for why he feels that way. Yes, PTON sells
software subscription services, but last time I looked you had to have 1 of their bikes to use
the services. I made some money on PTON, also left some on the table, as I sold after thinking
about their business model and how it would hold up after people started leaving their homes
for their exercise routines. Just seemed logical that sales would slow, and I never looked back
since then, so not even sure how it all unfolded.
This is the last I’ll post on this, his record and transparency speak for themselves.
He is not a financial service, he’s not getting paid to give people stock recs.
His board tries to be laser focused on hi-growth companies. It is all out in the open,
no surprises at all.