Buy, wen?

Finally home after 2 weeks and of course I catch a cold. Not happy about it, but it’s much better than having COVID. The worse part about having a cold is that everyone around me is going to think I have COVID.

On another note, I and pretty much every other investor has been sitting on their hands waiting for the market to stabilize a bit. I don’t see many seasoned investors buying stocks or investing in startups right now. There’s just too much uncertainty at the moment.

The problem with this volatility is that no one knows what a company is worth right now. We know that multiples will be compressed severely especially compared to last year, but we don’t know where those multiples will eventually land.

For most people, it’ll likely be better to wait things out a few weeks/months in order for the dust to settle rather than overpay. That’s the advice I’m getting from investors, and I plan on following suit.