Jonty30 : "Everything is about to go S**t "
(From the article): "If you want to determine what people believe, don’t listen to what they say. Rather, closely watch what they actually do.(Emphasis mine)
In recent days, the stock market has been hovering near all-time record highs
and business leaders have been assuring us that good days are ahead.
But meanwhile many of our most famous billionaires have been doing things that indicate that they are extremely concerned about what is coming in the future.
For example, during the first two months of this year Jeff Bezos, Jamie Dimon and Mark Zuckerberg
“have all sold big chunks of shares in their own companies”… "
"If these men believe that the U.S. economy is going to thrive and their companies will continue to grow,
it would make sense to just sit back and let their portfolios increase in value.
But instead they have all determined that this is a perfect time to sell
And I can definitely understand that. Over the past year, the stocks of all three companies have soared to unprecedented heights… "
"Meta stock has soared by 186% over the past year, JPMorgan is up nearly 30%, and Amazon has surged close to 90%.
All three companies are trading close to record highs."
(My Opinion): The whole idea is to buy/invest/hold stocks while low in price, ..and sell when value is high .
But when some of the biggest and novel financiers in the nation all make the same move, at the same time, you have to wonder. Right ?nty
Is the driving issue financial, social, immigration, civil disturbance, or just a wise business decision ?
OODA loop
Thanks for the ping. It certainly does sound worrisome. For one company stock to reach a peak that it can’t sustain is one thing, but three at the same time?