chuck_portis

chuck_portis t1_je7zke2 wrote

Microsoft, Google, Apple and Amazon run the best businesses in the world. They are never at risk of bankruptcy. They attract the best talent in the planet. Literally the top grads from every country. The smaller companies who were able to compete in 2021 no longer have access to capital. Big Tech is so flush with cash, they can still do whatever they want.

High interest rates impact smaller companies much worse than Big Tech. Big Tech is self-sufficient from their existing cash cow businesses. The odds that a small company can challenge them is much lower in this environment, since they have become so starved for capital.

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chuck_portis t1_j6c20f7 wrote

Reply to comment by sadafboicry in rate my portfolio by sadafboicry

If you really think the market is due for a crash, don't short anything. Just wait for the crash and pick up cheap, high-quality companies after it happens. I promise you this is a much more profitable strategy on average. In the meantime just hold short term bonds.

This is way more boring than shorting, I agree. But it's a lot easier to make money on the long side than the short side. Look at anyone who bought META at $90 a couple of months ago. They nearly doubled already.

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