$50 here we come..., page-751

bro, nobody is buying what you're selling. recent reports clearly show miniscule bad debt % and epic growth despite the virus. Tencent put a floor under the price. If you're short, then i think you must not understand the business because it's really anti fragile to China virus economic impact.

The Bears are the irrational ones. 58% of the USA market cap is made up of virus winners even though they are only 30% or so of the index by number. see the recent Livewire article.

Tech Giants are most of their top stocks and heavily weight the index with high growth, epic balance sheet companies. they are booming. bears are failing to see the reality that the composition of the index isn't the same as it was in the golden days of Berkshire. expensive defensives brands with stagnant dividends are garbage and getting eaten alive by capital light, high growth / pe stocks.

I feel sorry for buffet zombies who can Only value knowns and never have vision for unknowns. Expensive defensives are priced to perfection because everyone has read intelligent investor and done basic maths.

it's stuff like afterpay with global growth, bullet proof balance sheet, blue ocean growth areas, incredible investors like Tencent and coutue, that can't be valued by simplistic known measurement accountants and so they scream at the sky and i drink their tears when they are wrong ... over and over and over they are wrong.

Bears are already all in cash... The only ppl left are bullish and society is opening up. Bears are praying for a crash because they missed the V shaped recovery.