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.
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?
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.
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.