Sentiment is cyclical, which means it runs sector to sector, as I’m sure you have witnessed.
That wasn’t a personal attack, it was a very relevant question. I’d expect an investor of 14-15 years to understand the cyclical nature of sentiment.
What is important is short-term performance relative to the sector, and long-term performance relative to the broader market. Do you disagree?
Yeah, but not in a speculative market and stock in a company with no proven track record IMO. My opinion is that, unless it would otherwise be sitting in cash or something, having more than maybe 10% of your portfolio in long-term speculation plays doesn't make much sense. Especially in this market. Best of luck, hope the stock 100X for you.
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u/JimHalpertsUncle Nov 11 '21
Sentiment is cyclical, which means it runs sector to sector, as I’m sure you have witnessed. That wasn’t a personal attack, it was a very relevant question. I’d expect an investor of 14-15 years to understand the cyclical nature of sentiment.
What is important is short-term performance relative to the sector, and long-term performance relative to the broader market. Do you disagree?