Druckenmiller's "risk-reward for equity is maybe as bad as I've seen it in my career" matters quite a bit to me considering his track record (+the fact that I'm into investing since <3y).
But his actions matter even more: He's long cloud plays.
So am I.
About selling... (1/4)
But his actions matter even more: He's long cloud plays.
So am I.
About selling... (1/4)
If I consider selling, I need sth better to buy, imo.
While I don't feel qualified to know if WHOLE MARKET truly is expensive, when I look at e.g. $FB, $AMZN, $SFTBY, $GOOG, $MSFT, $JD, $TCEHY... What's the alternative?
Seems "good enough", so dire outlook =/= selling action.
While I don't feel qualified to know if WHOLE MARKET truly is expensive, when I look at e.g. $FB, $AMZN, $SFTBY, $GOOG, $MSFT, $JD, $TCEHY... What's the alternative?
Seems "good enough", so dire outlook =/= selling action.
As a nerd, my base activity is information processing. I believe that I already have more than 10,000 hours of investment work + experience since I heard about investment for the first time around fall 2017.
If Corona happened 1.5y earlier, I would have done horrifying mistakes.
If Corona happened 1.5y earlier, I would have done horrifying mistakes.
Based on my own view + lack of obvious smarter things to do, I THINK I can withstand Buffett not buying a lot & Druckenmiller saying equity r/r "as bad as I've seen it in my career".
Not comfortable charging ahead but focused avoiding stupidity (read my writings for my HOLDings)
Not comfortable charging ahead but focused avoiding stupidity (read my writings for my HOLDings)
