05-12-2022, 02:06 PM
Yes, U is cheap now.
And the latest beat down was since they had a poor quarter (which will turn into a poor year) due to a one-time fluke, and due to this fluke in the worst affected quarter their revenue only grew 26% YoY.
I do not want to go heavily into unprofitable growth companies. But sooner or later I'll have to do it if they keep driving the price down.
But today I only bought MSFT. Now that is a company that will never have a loss making quarter during my remaining lifetime.
And the latest beat down was since they had a poor quarter (which will turn into a poor year) due to a one-time fluke, and due to this fluke in the worst affected quarter their revenue only grew 26% YoY.
I do not want to go heavily into unprofitable growth companies. But sooner or later I'll have to do it if they keep driving the price down.
But today I only bought MSFT. Now that is a company that will never have a loss making quarter during my remaining lifetime.
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