As a long term investor, short term (few quarters to 2y) issues can be a true blessing.
A true moat like for example $COST, $AAPL, $GOOGL...
Are so strong that a discount is almost never given.
A true moat like for example $COST, $AAPL, $GOOGL...
Are so strong that a discount is almost never given.
These issues seem like a big deal to the average holder.
To the longer term holder it can allow to get a big discount until the company is back on track and warrants the same multiples you would not buy it previously.
To the longer term holder it can allow to get a big discount until the company is back on track and warrants the same multiples you would not buy it previously.
Few examples for it are:
$GOOGL in 2012 when the cost per click declined for a a few Qs while they dominated with their moat.
$AAPL in 2018 forecasting lower sales and announcing it would no longer offer unit sales data for its products.
$GOOGL in 2012 when the cost per click declined for a a few Qs while they dominated with their moat.
$AAPL in 2018 forecasting lower sales and announcing it would no longer offer unit sales data for its products.
These short term events, especially when happening because of external sources provide great entry opportunities to enter a true market leader.
Read past the doom and gloom.
$GOOGL went from 17.4 to 11.1 PE.
$AAPL went from to 24 to 12 PE.
Read past the doom and gloom.
$GOOGL went from 17.4 to 11.1 PE.
$AAPL went from to 24 to 12 PE.
I wanted to make a point, there probably is dozens of better examples, I will let you write them down under hereπ
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