Bear - thanks for bringing up this old post from Saul.
Like many, I am reeling from the past week’s action, but take comfort from this board and the aggressive buying actions of you and Saul, and others. I was tempted to sell CRWD (as many others have done) until I reread, thanks to Bear, Saul’s old post speculating about Shopify’s future if growth started slowing (a la today’s Crowdstrike). I own a bunch of hypergrowth stocks but I also like what CRWD will (likely) provide going forward because if growth does indeed keep decelerating to the 40% level, Saul’s calculations show that it should still be up as much as 1000 percent in about 5 or 6 years (my rough extrapolation from Saul’s post below). In other words, a ten-bagger still to come. I’ll take that risk-reward any day, in addition to the excitement provided by my hypergrowth stocks like MNDY. Slightly off-topic? Maybe, but at times like these it is important to look at the big picture.
Just my two cents, after a death-defying week.
J.
From Saul’s 2017 post:
Lets try some more realistic estimates. Say they [Shopify] drop their rate of increase by 10% per year. This year up 80%, then up 70% the next year, 60%, 50% and 40%. (Probably overly optimistic but who knows?). With that growth they’d be up 930% [in 4 years], still much better than Pacific Crest’s estimate.