Through Different Lenses 👓 2021-016
A Few Current Thoughts
Earlier this year I heard a lot of people talking and wanting to know more about high growth and speculative investments. This, I believe was a result of the big run up in growth and speculative investments from the end of last year.
Great stories and tales of people making a lot of money in a short period of time can be alluring, drawing more investors in.
But if you pay too high a price for even a great company or great story, future returns can be poor.
Despite the Dow being at all time highs, we are seeing the high growth and speculative names selling off as much as 30, 40 and over 50% right now.
Although many think Warren Buffets best days are behind him, his wisdom is often timeless. Here are two quote of his to constantly be reminded of:
"Price is what you pay. Value is what you get"
"In the short run the market is a voting machine but in the long run, it is a weighing machine."
Happy Wednesday!
Grab your morning joe and enjoy this weeks reads.
How to lose a monopoly (Benedict Evans)
10 Things You Shouldn’t Care About as an Investor (Ben Carlson)
The Limits of Investing Sanity (Morgan Housel)
The economics of movie product placements (The Hustle)
Why getting vaccinated for Covid-19 is more popular in the UK than in the US (Vox)
Timeline: Key Events in U.S. History that Defined Generations
Whatever it is, the way you tell your story online can make all the difference.
Disclosure: The information on this site should not be considered advice or solicitation to buy or sell any securities. Please see my Disclosure Page for a full disclaimer.