g’day Tran,
love your enthusiasm, but I am reminded of an old market saying:
the market can stay irrational longer than I can stay solvent.
I’ve been in the market since 1989 and I’ve seen plenty of examples of market irrational behaviour that went on way past any reasonable time frame.
the market has decided that this is what we’re worth right now. Eventually things will change, but I suspect it will be a while longer.
as it’s a big chunk of my portfolio, I genuinely would love you to be right.
cheers,
ned
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