(01-06-2022, 09:21 PM)stockguru Wrote: Large cap stocks off to the worst start in 2022
Monday $MNDY -22%
Cloudflare $NET -21%
Humana $HUM -21%
HubSpot $HUBS -20%
GitLab $GTLB -20%
Affirm $AFRM -19%
Datadog $DDOG -19%
ZScaler $ZS -19%
MongoDB $MDB -19%
$BILL -19%
Repligen $RGEN -18%
Toast $TOST -18%
$TEAM -18%
Large cap growth YTD / -5.58%
Large cap Value YTD / +0.76%
My stodgy old large cap investments are doing just fine comparative to other areas of the market.
My thesis this year - QUALITY
Increase share count in my Mid/large cap investments that have clean balance sheets, Quality ratings, positive revenue, positive cash flow, moderate dividend payout ratios. Overweight / Underweight those companies appropriately dependent upon what the phase of the full business cycle the markets are experiencing. ----- But then again, that's been my thesis for decades. Wash, Rinse, Repeat. Works for me, I'm still Standing!! I'll let the young bucks play the speculative game in 2022,
"God is great, beer is good, and people are crazy"- Billy Currington
- Scoot
"There seems to be some perverse human characteristic that likes to make easy things difficult." -- Warren Buffett
“It’s different this time.” Lenders and investors invariably depart from time-honored disciplines when cycles move to extremes, out of a belief that current conditions are different from those that prevailed in the past, when those disciplines were appropriate. And just as invariably, they’re shown that cycles repeat and nothing really changes.- Howard Marks