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The stock market is not about buying ownership in long-term stable, profitable companies, unless you zoom wwaaaaaaaaaaay out on the charts. Day to day it's abo
by jvanderbot 6y ago
The stock market is not about buying ownership in long-term stable, profitable companies, unless you zoom wwaaaaaaaaaaay out on the charts.
Day to day it's about riding hype up and jumping off before anyone else.
CISCO was a great example of this back in the day. https://www.fool.com/investing/2020/12/27/2020-incredible-stock-market-rally-risk-tolerance/ https://www.fool.com/investing/2020/12/27/2020-incredible-st...
- maxk42 6y ago> The stock market is not about buying ownership in long-term stable, profitable companies Good - CloudFlare has never been profitable once.
- gifnamething 6y agoThat's all of FAANGM. Their last year looked pretty good.