Coronavirus: when do we reach the bottom of the dip?

Anybody buying today? :slight_smile:

SNB also and since it is an exchange listed company they need to file their holdings.
https://www.holdingschannel.com/13f/swiss-national-bank-top-holdings/

Just follow. They’ll bail you out eventually :slight_smile:

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Buying is only the even days, selling only the odd days. It’s to avoid the contagion between buyers and sellers.

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Hmmm. 2.5 Billion in Amazon shares. And Bezos just cashed out 4 Billion one month ago. Wondering who the SNB is bailing out first :wink: …

And one week later he bought this cute cottage:

Here is a list of insider trading in US shares (I’ve put a threshold of 100 Million $ to remove the noise :wink: ) :
http://www.openinsider.com/screener?vl=100000

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bought US large cap and small cap value (RPV and SLYV). they were down ~ 5 %. Since I have positions in them, I averaged down.

sequoia capital (most famous vc investor in the world) memo related to the corona virus came out today

https://medium.com/sequoia-capital/coronavirus-the-black-swan-of-2020-7c72bdeb9753

this is their fairly famous 2008 memo: R.I.P. Good Times

folks… i hope i am wrong but this whole thing is getting scarier by the day

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Thanks, now I wish I haven’t invested… You know, on one hand we have the central banks cutting rates and assuring they will ā€œhelpā€, on the other hand people are really scared, businesses are disturbed. The markets are still not sure which way they should go.

Btw they really took the situation seriously at my office. There are hand sanitizers and in the canteen they give you cutlery when you pay. I heard at some company they have forbidden organizing meetings.

You’ll be alright. Hold on tight.

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I started rebalancing towards TLT…

They are pretty sure which way to go.
And that’s going downward.

Italy has racked up 1700 confirmed cases in the meantime. Germany, France, Spain and the U.K. are likely to follow suit. And the U.S. won’t be spared from it.

Markets will go lower. See you at 2500 (S&P 500).

Why now? If I had a stock/bond portfolio, it would probably scream to rebalance TLT->stoocks.

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Time to buy 3x leveraged inverse SP500 ETF then? :smiley:

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Maybe. Or CFD.
Though as I understand, these ETF would ā€œresetā€ themselves daily.

I am tempted to. :wink: It’s exciting for sure and there’s potential for successful speculation.

I am certainly fascinated by leveraged trading, daytrading etc. But I think I’m not really made for that, to be honest. One should know one’s own limits and boundaries. I believe it’s just not something I have the patience, restraint and self-discipline for. I’ve been burned by leveraged products before, lost time and money when dabbling in them (for small amounts only).

Guys and girls. STAY THE COURSE. Now is not the moment to shift your portfolio allocation. We’ve been discussing this ad nauseam over the last year or two. This is surely a test for all of us. Are you really losing money or perhaps just giving away some gains? We are at November 2019 levels basically. World is not falling apart.

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And that’s supposed to be a rational reason for market drops? Because a few thousand people got a viral infection?

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Your contradicting comments make me think that I should worry less about this shit and continue investing regularly. I’m planning to stay invested all my life and do some sort of work all my life, so there’s no point in sweating out some market correction (or even a crash) because of a f@#$& flu that killed all over the world less people than number of people killed daily in car accidents. There’s 2.8 mln people dying a year in US and 70% of it is due to lifestyle, but people aren’t freaking out and markets aren’t crashing when somebody orders a burger in McDonalds. This entire shit doesn’t make sense. It’s one huge overreaction.

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Why TLT, actually (as opposed to cash for instance) ?..

This is my favourite comment in the whole thread. Probably my favourite in all comments on this forum.

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Thx. It’s MMM inspired:

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Yes - and November 2019 levels are ā€œstill too highā€.

While the world isn’t falling apart, economies will be impacted. Thinking this virus will only erase a mere 4 months (november to today) of market gains is underestimating it, IMO.

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