Quote:
Originally Posted by skudr248
Yall are wild buying into this. This is going to drag on for months to come.
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You're probably right. But the stock market will recover before the world does. And take something like Disney (which I bought today). It's down more than 50% from its highs. The parks/hotels/cruise ships will close for a bit, and movie attendance will be down this year. But I doubt there's a permanent change in people wanting to take their kids to Disneyland, so the asset value hasn't changed that much.
They'll probably even get some extra Disney+ signups from people desperate to keep their kids entertained while they are on home isolation.
TLDR: If you're buying for the next 3-4 months I have no idea, but in 3-4 years I think today will look like a good day to have bought.