Senior Analyst at AlphaTarget. Previously Founding Lead Advisor at 7investing and Analyst at The Motley Fool. My posts aren't investment advice, do your own DD.
Thrilled to announce the launch of AlphaTarget's website!
Subscriptions are now open...
The "Resources" page on the site already has several insightful articles about interesting topics.
Remember, the
#stockmarket
falls by...
~10% once per year or so
~20% every five years
~30% once per decade
~50% a few times per century
"Big" pullbacks are more normal than you think.
Stay calm. Keep a long-term perspective.
"When stocks are attractive, you buy them. Sure they can go lower. I've bought stocks at $12 that went to $2, but then they later went to $30. You just don't know when you can find the bottom."
-- Peter Lynch
Remember, the stock market falls by...
~10% once every year or so
~20% every five years
~30% once per decade
~50% a few times per century
If anyone says they know exactly where this pullback ends, they're either lying or ignorant.
Imagine 20 years ago if someone told you the market would one day view *quarterly* guidance from $AMZN for net sales of between $116B and $121B as "weak."
Today's my birthday, & I'm thinking about how quickly the years have passed.
Here are 5
#stocks
I've owned for at LEAST a decade, along with their 10-year return:
$IRBT: 270%
$MKL: 293%
$UA: 563%
$NVDA: 1,460%
$OLED: 1,590%
What are some of your favorite long-term holdings?
As of June 30, 2022,
@SoFi
was the 240th-largest bank in the U.S. as ranked by consolidated assets.
Up from 449th in Q1.
CEO
@anthonynoto
says they "won't stop until we're one of the top 10 financial institutions in the country."
I'm long $SOFI.
Just bought a new 20-year term life insurance policy from
@Lemonade_Inc
.
The process in the app was seamless (dare I say kinda fun!), & their quote was slightly more than half the cost of another I received (and turned down) from a competing insurer.
Well done.
And long $LMND
Today's my birthday. Thinking about how the years have flown by.
Here are 5
#stocks
I've owned for at LEAST a decade, along w/the gains of my earliest positions so far:
$IRBT: 576%
$MKL: 225%
$UA: 507%
$NVDA: 3060%
$OLED: 1790%
What are some of your favorite long-term stocks?
Seems like a good time to remind everyone the
#StockMarket
falls by:
~10% once per year or so
~20% every five years
~30% once per decade
~50% a few times per century
"Big" pullbacks are more normal than you think -- even more so with individual stocks.
Keep calm and carry on.
Exciting announcement!
Iโm thrilled to announce Iโve joined Puru Saxenaโs new research firm, AlphaTarget, as Senior Analyst.
After much discussion and careful consideration, Iโve decided to embark on this new chapter in my career. AlphaTarget will provide cutting-edge research,
SoFi Bank's rank among U.S. banks as measured by consolidated assets:
-Q4 '22: 149th
-Q3: 184
-Q2: 240
-Q1: 449
CEO
@anthonynoto
says SoFi is taking market share from big banks and "won't stop until we're one of the top 10 financial institutions in the country."
I'm long $SOFI
So
@anthonynoto
has bought $SOFI stock on three different occasions over the past week -- each for between 15K and 16K shares at below $10 apiece.
Modest relative to his overall stake (of just over 2.9M shares), sure. But a clear signal to fellow SoFi investors, imho.
Take note
Just struck a deal with my two older kids (ages 13 and 10) to deposit $2 into a custodial brokerage account for every book they read.
They read constantly anyway. But this gets them even more excited + teaches them about
#stocks
.
100% sure this will be my best investment ever.
Ignore short-term swings.
A 10% move is nothing.
I'm looking for multibaggers to create life-changing wealth.
But that also requires being patient, and focusing on the long term.
Wealth-creation hack:
โ Add whatever money you can afford to live without for a few years to your brokerage account every month.
โ Buy high-quality stocks with it.
โ Hold those stocks.
โ Wash. Rinse. Repeat.
Watching $NVDA continue to soar and $PTON continue to fall highlights one big investing lesson I've learned over the years:
Never underestimate the ability of winners to keep on winning, or losers to keep on losing.
I think itโs not only possible, but probable that most individual investors can consistently beat the market.
But the single most important factor to that end is maintaining a long-term mindset.
A lesson on enduring volatility in
#stocks
I first bought $NVDA in early 2009. Still own some, but sold some in 2015 @ 3X my initial cost basis (๐More on that story here: )
But check out how many times $NVDA plunged severely from its highs along the way:
A drinking game, but for investor presentations. Drink any time someone says:
Synergies
Funnel
Paradigm
Disruptive
Tailwind
Next-gen
Cloud
Value-add
Organic
Growth
Pipeline
Innovative
EBITDA
What else?
1/ "Buying early on the way down looks a great deal like being wrong, but it isn't." -- Seth Klarman
(From his February 2009 article, "The Value of Not Being Sure," attached here)๐
If you haven't already, dust off your watch list.
Separate those strong businesses whose stocks that are being unjustly beaten down from the rest.
Buy them. Or add to them.
It hurts right now to see all this red, but remember these are the times when fortunes are made.
The first sentence of $LMND's Q4 shareholder letter is gold. ๐๐
"Dear Shareholders,
In recent quarters we attempted to walk and chew gum at the same time, and weโre happy to report that we seem to have mastered this feat without too much drama."
B/c I know he won't brag about himself, I want to say well done & congrats to
@7Innovator
.
Our fearless CEO
@7investing
is also currently our best-performing advisor to date, w/an AVERAGE return of 110.8% for his stock recs so far.
It's a team effort here, of course. But ๐๐๐
This morning's ridiculousness perfectly illustrates why I don't use stop losses.
Volatility is a feature of our markets. Not a bug.
#stockmarket
#investing
@7investing
My wife just called me to ask a question.
From downstairs.
Literally 30 feet away.
And she ended the call with: "Okay, I'll see you when you get home from work!"
๐
Hey
@chimerix
, might you help a friend, save a life?
I understand you licensed
#Brincidofovir
to SymBio Pharma in 2019. But it could be instrumental in curing an adenovirus threatening the life of my friends' son:
Any contacts or info? My DMs are open.๐
I often pound the table for investors to buy and hold for multiple years.
But let's look at more recent returns.
Here are the 5 best-performing
#stocks
in my portfolio over the past 6 months:
$TSLA: +231.6%
$NTNX: +87.6%
$NVDA: +76.6%
$IQ: +59.4%
$LULU: +38.7%
What are yours?
Two quick updates:
1.) I've started a new position as Associate VP at Precision Global, a leading venture capital firm that specializes in private placements for real estate investments. More to come soon, but feel free to DM me if you want to know more in the meantime.
2.) For
โPeople will go $100,000+ in debt for college but wonโt invest $5,000 in a stock because itโs too โriskyโ. ๐คท๐ปโโ๏ธโ
-
@SJosephBurns
"Losing" money in the stock market - even if it's unrealized losses for stocks you're still holding - hurts far more than making it.
Stay calm.
Trust your thesis.
Remember you're a long-term investor.
In time, these kinds of pullbacks will barely register as blips in the radar.
I'm stepping away from my role at
@7investing
. It's been a wonderful few years working with some fantastic people.
Stay tuned for more on what I'll be up to going forward. But don't worry; I'll be easy to find.
Our March recs
@7investing
will be released on Monday morning! Who's ready!!!?
If you're not already a subscriber, use the link below to get $10 off your first order. ๐
See
@7investing
teams' favorite stock market opportunities on the 1st of the month, each month. Sign up now to see past & upcoming recs. $17/month or $170 annually. Read company updates & watch deep dive videos. Save $10 with this promotional offer!
Is anyone else nervous that
#stocks
might plunge in 2020?
I'm not. To the contrary, I'd be elated. If you're a net buyer looking to
#invest
for the long term, a sharp pullback would represent the best possible scenario.
The S&P 500 is down almost 9% from its highs.
The Nasdaq is now down 15%.
Just remember, the
#stockmarket
falls by...
~10% once per year or so
~20% every five years
~30% once per decade
~50% a few times per century
"Big" pullbacks are more normal than you think.
@somewheresy
I remember building a PC in college and splurging for 1GB RAM (128MB was considered insane then). My friends asked me what in the world I expected to do with so much memory.
I finally picked up shares of $ROKU last week in my personal portfolio at around $117.
Happy to take the short-term pop by happenstance, but holding this one for the long term.
Nice little
#spiffypop
(increasing more than my original cost basis) for my $NVDA position today! ๐๐
So much fun to see the power of long-term
#investing
at work!
Anyone else excited about the pullback in many high-flying
#stocks
!?
If you're a net buyer with time on your side, you should be celebrating this as a chance to buy shares of your favorite businesses at lower prices.
These are the times when the REAL fortunes are made.
1/ In the
#stockmarket
, don't lose sleep over single-day drops on earnings reports or short-term concerns.
These are barely blips in the radar for long-term investors.
A few examples:
1/ A 10-lesson thread with a personal anecdote:
Big picture: Even if you're not a full-time investor, never underestimate how much your current job can teach you about
#investing
,
#business
and
#stocks
. Don't just cruise through your daily work. Pay attention.
I'm celebrating each and every stock on my watchlist that tanks along with the broader market right now.
I'm a relatively young, long-term investor and plan to hold the
#stocks
I buy for YEARS. It only makes sense that we should want to buy them at lower prices.
Investors, if you're having trouble coping with the recent red in your portfolio...
Take a deep breath.
Look away from your screen.
Trust your thesis.
Think long term.
#stocks
#investing
In 2014 I argued $ADBE was still worth buying even as the market realized its subscription-based
#cloud
model was accelerating. Shares are up >360% since then.
I think $NTNX is in a similar spot today.
My initial thoughts:
@nutanix
#stocks
#investing
#Webull
CEO insists they had no choice but to restrict trades in several meme stocks today ( $GME, $AMC, $KOSS ) because the cost of settling the trades became prohibitively high.
"This is not a political decision. ... This has to do with the settlement mechanics of the market."
Sorry I've been so quiet the past few days,
@7investing
and
#FinTwit
friends! Family camping time up here in MT...and an absolute black hole for cell reception.
A perfect place to read a book and paddle around looking for turtles, though...๐
Holy cow. Just found this on my old TMF Caps profile. I've been pounding the table on $SAM for over a decade now with a starting price of $46 per share.
1st: Where did that time go!? ๐
2nd: Shares up by $172 TODAY, closing at $828.
That's the power of long-term
#investing
.
Hereโs a list of
#stocks
with the highest short interest going into this week.
Just in case youโre wondering why many of these names are soaring on โno newsโ as shorts get shaken/pressured out of their positions.
1/ Strictly apolitical here (and I won't respond to partisan comments), but one way or the other expect some near-term volatility surrounding the
#Georgia
#Senate
runoffs.
Here's a big-picture, bird's-eye view of what's going on for investors...
Now that Iโm back from camping/vacation with a decent internet connection, this was my view as I called into our last
@7investing
team meeting.
I'm only sad my fantastic colleagues
@7Innovator
,
@7AustinL
, and
@Matt_Cochrane7
couldn't be there to see it and talk stocks in person
What an incredible quarter from $SOFI!
โ 87% member growth (to 3.46M)
โ 105% product growth
โ 67% account growth at Galileo
โ 6th straight quarter of adjusted EBITDA profits
โ Bank Charter complete (will meaningfully contribute starting in May)
โ Stronger-than-expected guidance
Iโm not dead, Twitter friends. Just been without service camping in MT for the past few days.
Never underestimate the value of unplugging/unwinding from time to time.
Kinda fun hitting 10K so I can't easily see exactly how many followers I have anymore.๐
Admit I've found myself checking that number more often lately than I generally look at my investment portfolio (a low bar, but still...)
Thanks so much for your support and trust, everyone
Any bets on $AAPL falls tomorrow in the wake of today's guidance warning?
If anything, I think this hurts other China-sensitive stocks more than it hurts
@Apple
.
Here are several names I'm watching tomorrow:
$OLED
$IQ
$TSLA
$IRBT
$TCEHY
$SBUX
$LK
$DIS
What else?
Such a great conversation. Thanks
@Beth_Kindig
, for taking the time to chat with Simon/
@7Innovator
!
I definitely share your affinity for capitalizing on the impending growth of AI, by the way. :-)
Really enjoyed speaking with Silicon Valley tech analyst
@Beth_Kindig
about investing in the tech industry!
Beth has an excellent investing process, analyzing micro-trends and using a product-market-fit approach to identify opportunities.
1/ A little story about juicy acquisition premiums.
One of the first stocks I ever owned was $MVL/Marvel Entertainment.
Because, duh. A proven long-term approach for monetizing entertainment IP with >5,000 distinct characters in the Marvel universe?
Yes please.
1/ One of my old computer science professors once told me the greatest compliment a software engineer can hope to receive is: "Well that seems simple."
I've learned the same goes for writing about
#finance
,
#investing
, and the
#stockmarket
.
Remember, if you're a long-term investor and a net buyer like we are
@7investing
, you should be happy about pullbacks like this.
Gives you a chance to buy the
#stocks
you love at cheaper prices.