Revisit the flock

In this post on April 8, 2022, I opined about the madness of the crowd.

3 months on, the prices of HP and Twitter are both at least 24% lower than the morning when Buffet and Musk appeared in the headlines are a buyer or suitor of the aforementioned stocks.

It’s a reminder to speculators to do your own work or forfeit the right to complain when a stock loses a quarter of its value. Perhaps those ‘celebrity investors’ are buying stock on better terms that you or for other reasons.

Even at today’s ‘lower prices’, one should still do their research.

July 18, 2022

by Rob Zdravevski

rob@karriasset.com.au