No. of Recommendations: 4
Am often too short sighted with my investments. Trading in and out of Berkshire on variations of P/B for example. When I look at my non-Berkshire trading activity over the past year, a certain sense of guilt takes over (what happened to "buy and hold"?). Was the trading all worth it? In the long run? Probably not given the amount of time spent obsessing over current price, some wins, some losses, but mostly break even.
Recall that on 7/28/2025 our esteemed moderator and polymath, Manlobbi, estimated a potential 5X move in the stock price over the next ten years (my interpretation of his IV/10/price method outlined in his book). On that day GOOGL closed at $193/share. A 5x on that price would mean almost $1,000/share in ten years (~14% annualized). I'll take it, given other prospects in a generally overvalued market. May trim some of my GOOGL position to raise cash in the coming days, but will certainly keep a significant portion of my net worth in this company. As Manlobbi has outlined, the future growth prospects (for search (advertising), cloud, You Tube, Waymo, etc) seem overwhelmingly bright.
Perhaps Manlobbi can chime in.
If you go back and read some of his earliest posts on this board - they have been amazingly prescient.
