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No. of Recommendations: 82
1. My portfolio was up 15.1% last week.
2. It is up 45.0% from it’s low of June 16.

This is why I don’t try to time the market.

And I should make clear that I don't know what my portfolio will do next week either, or next month, or the next six months, however after a 15% rise last week, I wouldn't be surprised if it takes a substantial breather next week, but look, I wouldn't be surprised if it keeps going for a bit either. I'm not investing in stock prices, I'm investing in extraordinary companies.

There is still a war going on in Europe (the first major war in almost 80 years), and it's caused dislocations in oil, natural gas, food, etc, and there are still the results of the Covid epidemic with container ship delays, etc, and China closing down its cities one after another, and let's not forget threatening Taiwan (and the US, as well), and there's the inflation that those shortages helped cause, and rising interest rates, etc. The world isn't in a rosy place (although our own economy seems to keep on booming to spite the Fed, with record job adds and record low unemployment). I don't have a clue what the market will do but I'm sticking with my companies. But that's just me, and you have to decide what makes sense for you, and make your own decisions.


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