a CBer who is now a good friend. I very luckily trimmed significantly where I could buy a dip. I had no idea this would happen, but I was over invested in a few things that had run up A LOT. It was hard to focus on anything else. He wisely put me in my place and encouraged me to add to safety. Lucky, lucky idiot. Had I not done this, I would have just had to sit through it.

I spent a little over half of the cash I raised last week and I'll keep it there unless we have another Humongous selloff, which is totally possible.

I have no idea.

I just know the Fed is buying everything to enforce yield control and 2 trillion is coming, and then more trillions are coming. That is an extremely accommodative (very unusual market). Rates are pegged to 0 probably through 2023. These selloffs will help keep the bull market going in my opinion. Pukes are normal.

I'm buying amazing businesses that are growing like crazy in front of huge TAMs with talented management.

I was down 14% total this morning. Not fun. I finished down less than a percent.

Only invest what you can lose.