Stock Market Wealth

NO ONE IS BUYING STOCKS!

by | Stock Market Wealth

Back to Crazy Fears Again

In March and April 2020, I used to get between 40 and 80 text messages a day from friends, colleagues and family and the texts simply said: “Buying?” or “Still Buying?”

It became a joke because I told them that I am buying stocks and I am buying heavily, not selling anything that isn’t directly a Covid-industry, like cruise lines and air travel.

Apart from those hospitality and retail companies, which aren’t part of my portfolio, I told my friends, if you text me if I’m buying, know that I am. In fact I told them, you can bet your bottom ass I am and I was.

I saw the best businesses in the world pull back by two, three, four and even six years of price appreciation and I capitalized.

In hindsight, I should have doubled down and probably used leveraged ETFs.

If you believe Omicron is dangerous, do your thing, but I’m HEAVILY active in the markets and I’m buying, just like all the billionaires are, if they want to stay billionaires.

Be a contrarian and prove it with massive action or suffer from being late and settle for the crumbs, is what I tell myself!

Gold is down, stocks are down — everything is down and this means that contrarians, who, by definition, must be the overwhelming minority, are buying.

Best Regards,

Lior Gantz
President, WealthResearchGroup.com

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