“Long-term investment success is ultimately determined by the ability to ignore external ‘noises’ and concentrate on the issue of buying good businesses.”
~ Michael Lee-Chin
Meme stocks are not a sound investment philosophy
March 2, 2021
“Stocks may require some time to show a return on investment, but not stonks. And while stocks may involve some downside risk, that’s not the case for stonks. Stonks only go up.
In other words, stonks are a fantasy. But stonks have become a meme. And, as thin as that is, nowadays people are investing their money based on memes.”
Brad Brain_ Meme stocks are not a sound investment philosophy _ Alaska Highway News
Posted in All Columns, Investment Management
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