Obviously everyone needs to make their own call, but the peak and start of recovery in China gives me some comfort. It took basically eight weeks. Total active cases are dropping. Outbreaks in other regions have been identified and controls put in place with significantly less lag than China. Every outbreak in history has seen a v-shaped recovery.
My approach is to hold long, otherwise I would have sold three weeks ago, while the threat was there but the market was ignoring it. I don’t believe current events undermine the fundamentals of this company. Life will go on.
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