Going Big Friday

With all of this COVID Scare, the market has been thrashed over the past 2 weeks. A month ago, a day +/- 100 would envoke emotion (elation/fear). Today, the new norm is a fluctuation of 500 – 2000 points. It’s crazy – and people have been panicking. Panic is the word – the lever, the ‘GO’.

“A market downturn doesn’t bother us. It is an opportunity to increase our ownership of great companies with great management at good prices.” — Warren Buffett
“You make most of your money in a bear market, you just don’t realize it at the time.” — Shelby Cullom Davis

This is literally a once-in-a-lifetime market. Tomorrow, I get my annual bonus. I have been waiting for this, doing due diligence over the past 2 weeks. I will be increasing my MSFT and AMZN holdings bigly, as well as adding some additional tickers to my portfolio – relative to travel and hospitality.

Hell – practically everything is on sale right – a BOGO event, if you will.

Go Big.

Posted: March 26th, 2020
Categories: Coronavirus Plague of 2020, money, news, stox
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