Seriously OT: Scattered thoughts

My “Saul” type investments are up 124% (vs the S&P at 55%) over the last two years - even with them being down 27% YTD.

An extra 70% return over two years buys a lot of sleeping pills.

Certainly anyone who got in early is still above water, however anyone who entered during the summer frenzy has been deeply damaged and may never recover.

How long are you willing to hold, especially when less risky stable growers like Google are nearing attractive entry points? I’d be looking at capital preservation and not continued ballistic compounding if I was sitting on a double after the recent meltdown.

PP

How long are you willing to hold, especially when less risky stable growers like Google are nearing attractive entry points

In a retirement account, the decision to buy is exactly the same as a decision to hold.

If Google is at an attractive entry point, then certainly many of the “Saul” stocks are also likely at attractive entry (hold) points.

I’d be looking at capital preservation

Then I don’t think looking at google would a capital preservation decision.

'Sides, market timing (selling to protect a double) has almost always been a very effective way for me to miss out on a triple.

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https://discussion.fool.com/rww-april-portfolio-update-35096615…

Ouch. Kinda what I was talking about.

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His resolve for basing his decisions on the financial numbers that the companies are achieving ( or not achieving )

I am sure that it is a flaw or a limit in me, but that always seems like driving forward by only looking in the rear view mirror.

How long are you willing to hold,

Depends on

  • your confidence in the company and its stock
  • the size of your contingency fund

Changing horses mid river is seldom a good idea, it’s sell low, buy high.

The Captain

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Note, the OP, the one that predicted 182 million subscribers and annual revenue of $33 billion for Zoom, received 59 recs. My reply urging caution received just 8.

But did they change their mind about Zoom? Have they sold it, or at least stopped buying it?

But did they change their mind about Zoom? Have they sold it, or at least stopped buying it?

The last appearance of ZM in an end of month summary was in August 2021 when 2 of 17 held it.

But did they change their mind about Zoom? Have they sold it, or at least stopped buying it?

I don’t think they ever stated one way or another. I hope I talked them out of it. The OP is below and the poster is still active. I did not have the mettle to ask them directly as to what they did.

https://discussion.fool.com/how-i-learned-to-stop-worrying-and-l…

I just tooled around and found a post (on a different board unfortunately) stating that they sold everything shortly after that, good for them!!! They could not have timed that better.

https://discussion.fool.com/september-smoosh-34609048.aspx?sort=…

I closed the position on 2021-01-19. It was great run while it lasted!

The Captain