Thread by @RamBhupatiraju

Mr. Market (when visiting in a bad mood) is actually your friend bringing some nice gifts, if you have the right mindset & strategy about it. Updated "Fish in a Barrel" picture.

Added to : $PINS $TTD $ETSY $TDOC $PTON $U $NET
New : $CHWY $UPST $PLTR $PYPL $AFRM $GDRX $FVRR

These high volatility periods (price of admission) don't upset you as much if you

✔️Are a Long term investor in Quality Businesses.

✔️Not surprised/intimidated by periods of Volatility.

✔️Have some cash (or can favorably raise it) to buy bargains in good Co's during these periods.

✔️Analyze if the current situation in anyway impairs the long-term prospects of the Business (sometimes strengthens the anti-fragile & financially strong businesses aligned to trends)

✔️Buying more of existing holdings & higher up ones in Watchlist, based on the combination of conviction & opportunity while ignoring the short term noise.

✔️Making each purchase because the long-term risk/reward is favorable at that price while

✔️Being fully aware that the price could continue going down in the short term (maybe add even more).

The mini-crash in the growth names over the last two weeks was much narrower than the COVID crash which impacted all sectors (and provided a wider pool of available opportunities)...

but still offered an opportunity to pick from my fav sectors.

✔️E-Commerce🛒
✔️SaaS📊
✔️FinTech💳
✔️AdTech📺
✔️Gaming 🎮
✔️Digital Services💻

/END.