- The 2nd-worst start to the year in market history has generated the worst investor sentiment in 30 years.
- Hedge Funds have been selling stocks in the tens of billions of dollars, while Warren Buffett bought $41 billion of net stock in Q1.
- This week I executed on my correction plan, as the S&P hit -19.8% from its highs.
- I bought 12 of the world's best growth Ultra SWANs: LOW, MA, MSFT, GOOG, ADBE, ASML, AMZN, ADSK, TSM, ADDYY, CMG, and QCOM.
- These Ultra SWANs match the Nasdaq's yield of 0.9%, but are growing at 20.5%, and analysts expect 21.4% long-term returns. That's similar to the 22% returns they delivered since 2006 and combined with their A- positive outlook credit rating and impeccable safety and quality are why I am buying with confidence at what might be the bottom of a historically average bear market.
For further details see:
12 Growth Blue-Chip Bargains I'm Buying Hand Over Fist