notes from the 8 April webinar
Thanks for sharing that video, @101.
“The toilet paper I ordered four week ago still hasn’t showed up. By the way, If you have any complaints about this webinar, please write it on the back of the roll of the Charmin 3-ply toilet paper and mail it to my office which you can find on my website.”
- “52 million people are in the process of losing their jobs”…“32% unemployment”:
- “Be careful… New York City is coming to a town near you.”
- A square-root shaped recovery. The era of funny multiples is over:
(Airbnb already had a massive downround.)
- “Most consumption hasn’t been lost, just deferred”:
- “Stocks are still expensive even at current levels since all companies have withdrawn earnings guidance”…
… “Big tech will lead every recovery, so will biotech and healthcare.”
… “Buy the next dip starting the next recoverty starting in the summer or the fall.”
- If there’s an (expected) spike in Covid-19 cases, there will be a drop to 12x earnings again:
- The bull market is in the coming months, here’s their view on S&P 500:
- Focus on the best NASDAQ-listed tech stocks - that index is expected to recover by the end of 2020 much strongs:
- Microsoft ($MSFT): the cloud
- Apple ($AAPL):
- Amazon ($AMZN):
- PayPal ($PYPL):
- Nvidia ($NVDA):
- Salesforce ($CRM) - apparently, a lot of businesses want cloud-based customer relationship tools now:
- Boeing ($BA) - probably a bailout at some point?:
- Hotels, cruises, theme parks + “Netflix” = Disney ($DIS):
- Bonds. (But most of us can’t trade bonds directly):
- Energy - avoid?
- QE (quantitative easing) “infinity” → Gold rally
- Tesla ($TSLA) - “an investment sector of one”
This is the Mad Hedge Fund Trader’s first Tesla, which he took apart:
- But conditions for companies change every day - today’s big winner can become tomorrow’s big loser:
“The majority of individual traders lose money.”
(They never sell, so they do well.)
- Dow averages - repeating past trends but now we also have new tech
- New tech (software, hardware, biotech)
This is not an investment advice.