The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Hi speedy
I think multi factorial. I think pi’ s who bought high, and can see a long stretch ahead of them before recouping are either selling or holding but not adding. Also the crypto space has skewed investment decisions away from areas where you have to play a long game. We are in an age where people want everything yesterday, so there’s a whole new generation of investors seeking the quick buck, attracted by the exponential gains of btc and the like. However getting burnt is just as easy. Rick Rule always states some investors aren’t happy with the outcome of their gold plays and they’ve been in it the whole weekend. :)
If you’re having a pop at me TT, there’s no deramping agenda here. Just stating what is probably true. I did sell at a slight loss from all the mania days of last year, but I’m going to buy them all back for far, far less. As I agree, we must be pretty much bottomed out.