RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Reopened a position at 2.81 In the last ten years, none of these new crop of investors have ever seen a higher interest rate environment. It has been cut, cut and zero for most of their time in the market. That, in my mind, will be the difference. I think they have seen some of these tech stocks get hammered and they will come back to some safer, more stable money.
I still think that the market is not done shaving the multiples of some of these high-flying tech stocks.
Just my opinion.