I just want to say a big thank you to all the speculators, doomers & emotional folks who decided to sell off their stocks and portfolios over a manufactured issue that was fixable.
While you were all speculating on macroeconomic conditions & staring at photos of empty ports, I was scooping up all your shares at dirt cheap prices.
To be a bit more specific, American Express at 15 P/E and META at 19 P/E was just a straight steal. Anybody with half a brain and a bit of experience in this market could've figured that out.
Anyone with even a shred of market experience could see that several of the “Magnificent 7” stocks were also trading well below their intrinsic value. It wasn’t rocket science - it was one of the most obvious profit opportunities staring people in the face. But as usual, most were too busy panicking over headlines or chasing the next shiny object to notice.
Thank you for helping me make profits.
And for my fellow *investors* who stayed the course and managed to make a profit, congratulations to you too.
Now I know there's gonna be a flood of doomers and speculators commenting 'just wait and see, this is the beginning of a bigger crash'.
Yeah no worries, even if stocks were to fall 50% off a cliff in the next year I'll continue scooping up what you discard.
Cheers for the profits suckers!