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Feb 14
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LONG
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Kyle Grieve
Host, The Investor's Podcast / Millennial Investing
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"During November, Lumine has dropped nearly 58% from its all-time high... I took that as an opportunity to add to my position." The speaker identifies this drop as "the market acting irrationally." He views the company as a high-quality business that was previously too expensive ("spending so much time at all-time highs"), and the liquidity-driven sell-off provided an attractive entry point. Buy the dip on this high-quality compounder during the irrational sell-off. Continued illiquidity; the possibility that the drop is due to fundamental deterioration rather than just market sentiment. |
We Study Billionaires
Stories to Make You a Smarter Investor w/ Kyl...
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