h00ts A2m covid-19-technical analysis thread !, page-348

It showed he is right that no one can predict what is going to happen to the share market over the short to medium term. I am chuffed that I and a few other LTH's here who A2M makes up more of their portfolio than it realistically should have outperformed BH over the last year. As of Sep 2019 the fund had a net value of just under $500B US and as of yesterday its had taken a 10% haircut ($50B less !)

We are lucky we have invested into this sector and this company as the LTH's of QAN or Flightcenter and plenty of other shares would be staring at losses of 50% or more with previous valuations not likely to recover to pre Covid-19 levels within a decade or more. I get the drift he thinks a lot of businesses are not going to survive this event if they are heavily indebted and dont have the cash reserves to see them through the dark times. Of the business he still holds they seem to align with A2M that they are well run and profitable and this pandemic has minimal effect on them and at this point in time that is all you can ask from companies you are still invested in.

Its also pertinent that we are not going to see a best case or some of the worst case scenarios being bandied about but even he says no can predict with any certainty how its going to pan out before we start getting back on track. I am surprised that he has still been selling down in April and is sitting on a even bigger war chest and is waiting it out for the inevitable further falls in the DOW he is predicting. Maybe I bought in too soon by his calculations but A2M's relative strength will allow me to add to my positions if we see a further 20% drop from my entry points..