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No. of Recommendations: 7
expanded to included 2022 YTD (just a guess based on Saul allocations)

Saul
2018 71.4%
2019 28.4%
2020 233.3%
2021 39.6%
2022 YTD -24%
$100 has become $778


Dreamer
2018 46%
2019 60%
2020 78%
2021 79%
2022 YTD -8%
$100 has become $677

Gap is closing.
Because Saul stays fully invested, if all growth bounces, he would gain more traction quicker. Question is if stocks with still-high P/S, compared to other growth stocks, like DDOG, S, ZS, NET, and MNDY, continue to deflate more than the rest in a reversion to the mean.

Also note that Saul outperformed me in the 2 years that had massive drops (late 2018 and of course early 2020). Again, that is largely a product of being all-in, so that when bounce does hit, he gains fast and furious.

It looks like 2018 Nasdaq slumped from about Aug 1st thru Dec 1st, or 4 months. By Jan 1st, it regained about half the losses from Aug.

Good news: we probably bounce back too.
Bad news: we are only 1.5 months into correction.

I maintain everything continues to move faster. This is via increased access to info/data/tools, AI, algos, etc etc... We can correct faster, we can bleed faster, and we can heal faster.

But, still...1.5 months doesn't quite feel like puking in your mouth bad yet. But I am only down 8% from having been largely in cash throughout past month or so, which may mean I am not feeling the angst as much as I would otherwise.

I still want to sell into strength, is what I am saying. Just don't feel like this was capitulation yet. Hoping for relief rally as I didn't mean to deploy as much cash as I did today for the long-term yet.

Everything was bid up, of course, in retrospect. I feel like I am driving thru graveyards when I coast thru the watchlist. SOFI back to $12, OLO at $16, ONDS under $5 and looking like an eventual penny stock, GLBE broke $40, DOCN hit mid-50s, MNDY should be sub-200 shortly. ROKU at 2019 levels.
Only a matter of time before DDOG is under $100 again, imo.

Dreamer
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