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Posted

Bumping this - struck me that this thread was basically right at the TOP - imagine that many of these 'regrets' might not be as relevant now.

 

Not much to add - just I suppose a reminder that a lot can change in a year.

 

Though that's not to take away that if you bought stuff in March 2020, it was a brave and probably successful move.

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Posted

Unfortunately the lesson from March 2020 was to buy the trashiest companies you can because they would rally the most.  The shitco's, if you will.  Posted in real time (see below)......

 

Bill

 

Posted

The application of the lessons from 2020 does not work well in 2022 so far.

 

Its very specific to sudden bursts of deflation as in 2002, 2008 GFC and the 2020 shutdown of the economy. 

 

Bill

Posted
2 hours ago, wabuffo said:

Unfortunately the lesson from March 2020 was to buy the trashiest companies you can because they would rally the most.  The shitco's, if you will.  Posted in real time (see below)......

 

Bill

 

 

 

I listened. 😁

 

And thanks, as always, Bill. Your insights are invaluable. 

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