16H·

It has already fallen so far, it can't fall much further

$NOVO B (+1,73 %)

$UNH (+0,93 %)


According to Peter Lynch, sooner or later this statement will prove to be true. However, this may be much later than one would expect and in the meantime it may fall much lower...


He also writes something about fishing and having reached the bottom...


" trying to catch the bottom of a falling stock is like trying to catch a falling knife. It is usually a better strategy to wait until the knife reaches the bottom, gets stuck, swings back and forth for a while and finally comes to rest before trying to catch it.

Trying to pick up a rapidly falling stock leads to painful surprises because you usually catch it at the wrong moment.


If you are interested in buying a turnaround stock, you should have a more sensible reason than that the stock has fallen so far or that it looks like it can only go up from here."


$MC (-0,15 %)

attachment


Quotes from:

One Step Ahead of the Stock Market - Peter Lynch - 1989

(S. 334-336)

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16 Comentarios

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What if we simply set up a savings plan at $HMWO and don't bother with such trivialities?
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@GoDividend Then my crystal ball is gathering dust.
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Novo Nordisk is no longer a quick hype share, but a solid investment for the future.
The fall in the share price has brought the share back to a more realistic value. One should not hope for quick, huge profits now. Instead, you can look forward to a solid total return of 10-12% per year. This comes from the good dividend and slower but reliable growth in the share price.
This is an attractive option for investors who take a long-term view and appreciate regular income
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Yes, you're right in principle, but Novo Nordisk really isn't a chip shop.
It's definitely more like a chip shop. And they are doing well operationally, their net result is also great.
It is only the extremely high expectations that have made Novo such a hype stock.
If you take a long-term view, you will now find great entry prices. Novo is simply valued fairly to favorably.

And I am writing this without holding the share.
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Therefore, always wait for the bottom to form, does not necessarily mean that it will hold (see my first purchase of novo) but the probability is high (see any other share of mine) 🥸
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@Investingyoung although Droneshield was also down 60% at times 🤓
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Strictly speaking, it could still fall by around €40. It won't, as there is also the diabetes business. But if the DKK 300 does not hold, it will head towards €30
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Guys, read "Even God could not beat dollar-cost-averaging" by Nick Maggiulli. And I am quite convinced that you will notice how little chance you have to make extra -profit by buying the dip. So don't even try ti catch falling knife, bumping knife or whatever.
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I think it will also go down with $BRK.B
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@Tenbagger2024 due to the resignation?
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@Tenbagger2024 very interesting. I think Berkshire should be properly analyzed. In other words, break the company down into its holdings, value each of them and see what comes out. However, after a short research I have now read that there is no holding discount here, but a clear premium compared to the pure book value. The market should actually correct this in a timely manner...
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@Iwamoto
Let's see how the stock market reacts on Monday.
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@Iwamoto
Do you think it makes sense to swap chipotel for $EAT?
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@Iwamoto
Thank you . So it was already your thought
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