Snowflake Deep Dive Update & Two Buys Tomorrow
Our first deep dive on Snowflake was due out this week and I need to delay it a week.
I sincerely apologize, but our whole family passed around a stomach bug the last two weeks (I ended up losing 10lbs of fluid over the weekend) and I’m finally getting back on track.
I could rush and have it finished tomorrow, but the quality would suffer.
Snowflake has the potential to be one of the most important tech companies of the next decade so I want to do the deep dive justice.
The good news about being long-term investors is that we aren’t scrambling to buy the next hot stock.
My goal is to find exceptional companies and build positions over the next several years. This volatility is to be expected and works in our favor if we’re in the accumulation phase of our investing careers. We have more time to accumulate more shares of these great companies.
As a quick update, the $10k to $1M portfolio that runs alongside this service has had a rough week, down 5%.
I added an additional $3k to the account. Here’s what I will be buying tomorrow. If you like these companies and decide to buy shares, it doesn’t matter if you buy them tomorrow or whenever you next have available funds.
Paid subscribers, you have access to the comments so please jump in and share your thoughts, ask questions, or let me know what companies you’d like me to look at!
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