Multi generational asset, page-12

If things do go bad with corona then unfortunately STX and WGO will go lower than most as they are years away from significant production and most will think that they can buy in later. Capital preservation is key in panicked markets. Just look at the STX low yesterday. Fortunately such a situation will make a very attractive buy in proposition for those with long-term views.
Disclosure: I sold out at a loss today on the assumption that the markets are still under-estimating the economic impact of corona, with today a dead-cat bounce. Will be back in at some point in the future - hopefully lower but maybe higher. That's the risks.