It’s been quite a few weeks since my last post. I haven’t really changed my thoughts since then, but maybe the economic impact of this will have more than a blip on the long term charts after all. So far, the economy seems to be doing much worse (or will soon) than the stock market….
Tag: coronavirus
Who Cares What Mr. Market Thinks!
So, the market has gone crazy. People ask me about the market and the impact of the COVID-19 and I keep saying it doesn’t matter. But with the market acting like this, it’s hard for people to agree with me. The markets make the news, the market creates the sentiment etc. and I can’t fight…
Coronavirus, Munger etc.
Munger Munger is looking and sounding great at the DJ annual meeting (I wasn’t there; just watched the video). His ‘wretched excess’ seems to be more about private equity and venture capital than the public stock market. In fact, he said that tech stocks now are not like the Nifty Fifty stocks (he mentioned Home…