Exactly. ~3000 Forward P/E on SHOP? No thanks. Investing is buying well. Just

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Jul 13, 2020
2:18:30pm

grosven All-American

wait for good stuff to come to you at a good price.

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grosven

Bio page: grosven
Joined: Aug 13, 2009
Last login: Jun 27, 2024
Total posts: 13,312 (41 FO)

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Messages

Author

Time

More wealth creation than anytime in history is at hand. Best & worst of times.

roseyscenario

7/13/20 1:08pm

literally (don't shame my use of the word) the most optimistic guy on the board

Idahofallsblue

7/13/20 1:12pm

Name checks out

Misteak

7/13/20 1:18pm

I can see your logic and for the most part agree.

TheLoneCougar

7/13/20 1:18pm

In what areas will the growth take place in the next 10-15 years?

CBaass

7/13/20 1:22pm

Both are bankrupt cos. in which i would NOT invest. Debt is also risky. Equity

roseyscenario

7/13/20 1:35pm

I agree, but I also believe Wall Street is stupid high right now. I think when

Nat Gas Man

7/13/20 1:23pm

Better buy now before it's too late! Stonks only go up! Like, straight up 🙂

grosven

7/13/20 1:24pm

educated, innovative, and motivated: You forgot the most important element of

mrphotogenic

7/13/20 1:26pm

This is the right view. Statistically 2020 is great year for the human race, and

valleus

7/13/20 1:54pm

Um...market cap of many tech companies is at ridiculous 2000 era levels.

Celeritas

7/13/20 1:56pm

Exactly. ~3000 Forward P/E on SHOP? No thanks. Investing is buying well. Just

grosven

7/13/20 2:18pm

Difference is, most tech companies are making money

Notparticularly

7/13/20 2:52pm

No. Tech spending fell off a cliff after Y2K as nearly every business on earth

roseyscenario

7/13/20 3:31pm

How certain are you about growth rates and for what companies? And why might

grosven

7/13/20 5:15pm

Not certain about any stocks. High conviction about some, and pretty sure

roseyscenario

7/13/20 7:23pm

Very well said. Respect. I’m long a few things at great prices.

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