/biz/ - Business & Finance

So where is the edge in this current market?

I was lucky enough to be working during that stock collapse in march and basically bought at the bottom and doubled my money. That was with Tim Hortons QSR:TSX which I knew to be both recession proof and a major food provider in a lot of canadian towns. If you ever worked in industry you will understand how this company and their drive throughs are almost essential for a lot of blue collar work crews.


Anyways it's a fun time to be alive and I'm starting to think that sitting with a bunch of dry powder (80% cash 20% metals) Is the way to go untill I can start making offers on real estate during the squeeze which many people will no doubt feel after a summer w/o tourism and leading up to or possibly after xmas.

I have work all year because I am somewhat lucky to be in an unaffected industry, but interested in hearing if anyone thinks there is an edge in the current markets.

I would say for example clearly people are getting pretty bored with quarantine and any means of entertainment would be somewhat obvious and probably priced in already.

Then you have the soft recovery businesses, thing that people will do once quaratine measures start loosening up. Like riding a bicycle...

anyone else stacking real assets. None of that shiny boomer rock bullshit. None of those shitcoins I've been stacking since 1999. Market value = 89,000 this is where true value is going to flow after the dollar goes to 0.