Let's not talk about stocks

I will try my best to refrain from offering any stock investing opinions anymore.

First, I’m not an expert. I’ve invested for almost ten years now and I’ve been through some ups and downs in the market. I’ve learned some painful lessons (e.g. don’t FOMO). I’ve made enough gains in the market to the point of financial independence — though for someone who needs to support their parents in the future, I’m not entirely sure I am. In any case, I don’t consider myself to be great at picking stocks. As a Peter Lynch fan, I do recommend his books. I have nothing new to add about investing. Go read Warren Buffett and Peter Lynch. Go read The Intelligent Investor. Go read the passive investing books.

Second, investing in individual stocks is not easy. A thesis might take a long time to materialize. It often takes time to be proven right or wrong. You might plan to hold a stock for three or more years but others might just want to get a quick profit. Theses also change. A recommendation of a stock at a particular time can be irresponsible.

The market also changed. It has become so volatile. Stock market manipulation also seems to be happening more frequently. Talking about stocks is almost like talking about gambling — picking horses.

Lastly, it doesn’t benefit me in any way to offer stock tips. Honestly I do like to be proved right on a thesis but I also have no intention of ever becoming a finance or investing influencer. I’d rather spend more time on creative activities. On the other hand, if someone invests based on what I say and it doesn’t go well (e.g. Duolingo at the moment), they might become resentful.

I wrote this when Duolingo dropped 15% after market, after it released Q1 earnings. I still have significant stakes in DUOL but I’d rather my personal investing thesis not affect someone else’s financial situation.

Let’s not talk about stocks.