Buying after bad earnings

Clubber Lang · Mar 4, 2022

Cabin111 said:
You were probably looking at my posts. The thing you need to keep in mind is I am a value INVESTOR. I look for industry leaders (who have an edge; McDonalds, Microsoft, ADM). These are ones who have held market share for 10 plus years. Also there are no signs of them losing market share in the future. If it's a one-off quarter, then mutual funds, retirement and pension funds will see it and buy (adjust accordingly), after the drop. I am also 66 1/2. My investment strategies are far different from when I was 30...Shorter time period to take major loses (widow and orphan type companies).

For me, it is to preserve and grow capital. There is nothing wrong with this process. If you are younger, you probably want to pursue a more aggressive style (different types of investments). I use to flip houses and properties. Does it make sense at my age and in this housing environment?? No, I am out of my league and it would be hard to be on top of my investments.

I have made good money in what I have done over the years. I've bought Apple 3 times (several different eras)...Optioned them (covered calls) and made money all three times. I have also bought GM at about $44...Did a covered call, the sold the stock for $1. before the government walked it into bankruptcy.

Study, learn, back test...Eyes wide open.
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Buying after bad earnings

Clubber Lang