The app for independent voices
I am still a buyer for a few handful reasons.
I believe the FED needs to continue to cut rates, and will in December.
I believe in AI and that Nvidia isn't a fraud, and the data backs me up. substack.com/@wealthyre…
Transmedics more than 30% of my portfolio, a recession and AI proof business unaffected by rate cuts, so even if the rest of the market falls liquidity should go towards those kinds of assets. substack.com/@wealthyre…
Fiscal spending isn't and will not slow down during the next years and the only protection against this is assets, and this is also why I dobuled my Bitcoin weekly DCA.
That being said, the market is taking a hit and it won't recover from this in a few days with a V shape recovery like post liberation day as we do not have comparable catalysts before EOY.
So I am being prudent and slow in my purchases. There is no rush in today's market, you don't need to catch falling knifes, you just need to wait and be patient.
The few percentage point won by catching a bottom compared to following a trend aren't worth the risk. Here’s an example with Duolingo.
I am not worried because I build convictions and follow a system.
