Originally posted on 07/13/2020:
“Market is a device for transferring money from the impatient to the patient.” -Buffett
i don’t think anyone here would disagree sports will be back, gambling will be back, online betting will only grow larger. If you believe that, then you understand the intrinsic value of gaming/gambling stocks is way below current stock prices & you would do wiser to add more shares while the market is giving them to you at a discount. So many ppl want their money right now but don’t understand the value of amassing shares when something looks beaten down. I say fuk you, I’ll take it. Hand em over cause I understand the real value.