Holy s**t SHOP!!!
→ Merchants total Black Friday sales were $6.2 billion, up 25% YoY
https://x.com/tobi/status/1994767758392009124?s=20
I doubled down on SHOP a little over 6 months ago on a long hold and doubled my position again since then. It’s up almost 60% for me in that time period. I expect it to double in the next 2 years.
I'm in the same boat and am chilling in a money market fund. Buying SPY [does not make sense](https://www.invesco.com/apac/en/institutional/insights/market-outlook/applied-philosophy-the-shiller-PE-and-SP-500-returns-revisited.html) when valuations are this high.
Hell, even [Aswath Damodaran](https://youtu.be/PI5ClUF9G6k?t=1549) said cash is a good idea right now.
A refusal is not the act of a friend. If Venezuelans have the largest oil reserves in the world, *then they must share them* or let others use them.
They must let us draw the oil from the well. Certainly they can present a bill for such services... After all, we are not communists!
https://www.youtube.com/watch?v=4m8f8dLa_ig&t=101s