Hello everyone. be more optimistic with SAS. Following reasons:
1.Fundamental of the business do still exist
2.Management has continuously worked very hard from time to time
test --> launch --> sales
3.until 2020 -1 1/2 year is a short period. compare to property investment (investors has to wait 5 more years for the price become double or triple
4.if you invest today on everything, and tomorrow it will be double in price (i think, its pure of luck)
as i quoted, some favorites of Warren Buffet words:
1. Its ok to dream big. “I always knew I was going to be rich. I don’t think I ever doubted it for a minute.”
2.Invest for long term. “Only buy something that you’d be perfectly happy to hold if the market shut down for 10 years.”
3. History does not dictate the future. “If past history was all that is needed to play the game of money, the richest people would be librarians.” means always focus on future value
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