5 ms·

Hasn't exactly been a fun time for any growth stocks.

• cko 4y ago
  Hasn't been a fun time for value either. Small cap value especially, which I have a heavy tilt in.
• adventured 4y ago
  You don't want a very fun time generally, that's merely when you sell and realize your profit. You want some brutal, unrelenting misery with extreme bearish selling. That's when you strike your claim, that's when most of the future returns are set - that's the beautiful buy point. You don't get rich chasing and buying markets ever higher, you get rich buying cheap while everybody else is busy running for cover, and then you sell back to them when they come back to pay N times what you did (and whether it takes six months or six years is irrelevant so long as the return is good enough).
  • chii 4y ago
    > you get rich buying cheap it's cheap because it's riskier. The risk may or may not pan out - if it doesn't, you make a high premium on taking the risk. But make no mistake, a cheaper stock is the market indicating that the stock is risky. The alpha of investing is to know when the market may have mis-priced the business.
• fullshark 4y ago
  Growth stocks dont exist anymore, all companies with growth potential remain private unless it’s insanely capital intensive i.e car manufacturing. Software doesn’t qualify, they went public only to provide early investors liquidity.