My goal is to try to make traders and investor THINK DIFFERENTLY about markets. I believe as humans we seek validation, comfort in affirming our beliefs, and that manifests in the wild swings of the market when the narrative is proven wrong. Back in January 2021 I made an uncomfortable bet on Exxon 
XOM. It was uncomfortable at the time because the narrative was that "dirty energy" was dead, oil was going down to $12/barrel, and EV was the future. These may very well all be true... but it was early. And in investing; being early and being wrong are often indistinguishable. At the time, Exxon was trading below book value (market cap < assets-liabilities on balance sheet), it offered a 7% dividend yield which they did not cut, and had just hit a double bottom. It was NOT obvious at the time... only in hindsight. But these are the types of contrarian trades that investors MUST look at to achieve outsized gains.
XOM. It was uncomfortable at the time because the narrative was that "dirty energy" was dead, oil was going down to $12/barrel, and EV was the future. These may very well all be true... but it was early. And in investing; being early and being wrong are often indistinguishable. At the time, Exxon was trading below book value (market cap < assets-liabilities on balance sheet), it offered a 7% dividend yield which they did not cut, and had just hit a double bottom. It was NOT obvious at the time... only in hindsight. But these are the types of contrarian trades that investors MUST look at to achieve outsized gains.
"Be to others the person you needed to meet 10 years ago"
Discord Trading Community: discord.gg/eDfhKvS5AC
Youtube: youtube.com/c/NoroksNotepad
Twitter: twitter.com/noroktrade
Discord Trading Community: discord.gg/eDfhKvS5AC
Youtube: youtube.com/c/NoroksNotepad
Twitter: twitter.com/noroktrade
관련 발행물
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
"Be to others the person you needed to meet 10 years ago"
Discord Trading Community: discord.gg/eDfhKvS5AC
Youtube: youtube.com/c/NoroksNotepad
Twitter: twitter.com/noroktrade
Discord Trading Community: discord.gg/eDfhKvS5AC
Youtube: youtube.com/c/NoroksNotepad
Twitter: twitter.com/noroktrade
관련 발행물
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.