The Moderna cancer vaccine is the first domino to fall.
There’s much more to come as AI accelerates the development of treatments and cures for major diseases.
AI in healthcare will be one of the defining themes and most consequential breakthroughs of this era.
Berkshire buying again now while the market is at ATH’s
Is the same reason why we are buying heavy again while the market is at ATH’s
We know what to rotate into
The market is not a fair representation of the broader market or the economy
10-15 influential companies are overvalued and pushed the market higher
But there are A LOT of positions that have ALREADY completed their correction
A lot have already pulled back -50% from their highs while having healthy fundamentals
This is what Berkshire is targeting
Retail generally believes that when the market corrects, EVERY position will pull back together
THIS IS THE BIGGEST MISTAKE IN THE MARKET
Buffett and Druckenmiller know this
TLI knows this and has been telling you this every week for years.
Know where to rotate to
Know that every position is in its OWN cycle.
Being stopped out of a trade and buying it back is a cheat code.
Many of my best trades have come after being stopped out once or twice before finally getting it right.
Most get frustrated and ignore it after a stop out but if you were trading it in the first place there was probably a reason, the timing was just wrong.
If the setup is still there and the thesis is still intact there’s nothing wrong with taking another shot. If you take 2 3% losses and get the trade right the third time and make 20% or even 50%, you more than made up for it.
You don’t get extra points for getting a trade right on the first try.
Still can’t believe Citadel warned that the risk of rate hikes was high, triggered a selloff, bought the Situational Awareness portfolio after it was forced to unwind, then turned around and said the bull market remains healthy and intact.
You couldn’t make this up if you tried.