What do folks think or do while markets are at highs?

[Foreign Tuffett]

I watch porn.

 

Read history, philosophy, and theology.

 

OK, since people are giving honest answers in this thread, I mostly watch porn too.

[Jurgis]

I watch porn.

 

Read history, philosophy, and theology.

 

OK, since people are giving honest answers in this thread, I mostly watch porn too.

 

Overwatch porn.  8)

 

Beat that.

[villainx]

I used to worry about market drops a lot more in the past. I don't as much now. One loses too many opportunities to make money while worrying about the next 10-20-30% correction. If you are buying value and one that is growing its intrinsic value over time, the mark to market is just on paper not in reality. That said, market levels do factor in how much cash I want to keep handy.

 

Mind describing your experience (and age range).

 

Since posting here last year, I guess I have been mostly doing what I've been doing, with only occasional thoughts on market levels/corrections.  I have been diversifying more to what I think would be more resilient companies/stocks - BRK, Fairfax, etc., but also taking small positions in areas that I find promising - like Square.

 

It's hard for me to sit on cash in general.  I just have a kind of game plan, and if there's money, I tend to just look for the best value in my game plan. 

 

 

[LC]

Transition from more volatile assets (financial assets) to less volatile assets. Homes, land, etc.

[gjangal]

HODL FANG  :D