Portfolio Update: Extreme Bearish Sentiment
Sentiment is Extreme and Further Portfolio Consolidation
I have never seen FinTwit, and YouTube, this bearish EVER. It’s is unanimous consensus we are heading toward the next secular bear market. When noticing this, it doesn’t necessarily mean that this is a market bottom. All this means is that many investors are feeling the pain and it would be my guess that many are capitulating, running for the hills, or trying to time to markets are this point.
Even Puru once again sold all his stocks. Unfortunately, the last time he did this it was probably the right move to do. It will be interesting to see if he’s right 2/2 times.
Let’s Talk About Market Structure, Where We Can Go, My Portfolio and the Strategy I Plan to Use.
First, I am not going to talk about inflation or how the market is a mess right now. I have quickly noticed that all of FinTwit and YouTube is apparently talking about the exact same thing. Below is a collection of thumbnails from about 10 different YouTube channels.
Instead, I am going to talk about the position we are in and the generational opportunity that’s in front of us. I am confidently in the position that we are experiencing a scenario similar to 2008 where there will be a very large transfer of wealth. But, we have to be smart.
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