There is probably no one who isn't distressed to see the combination shrink.
However, when there is a decline, there is an increase.
Don't forget, some stocks you used to be optimistic about, and you didn't buy them because they were too expensive. Now is the time to plan how to open a position.

For me, this is still a minor adjustment. I also experienced the importance of safety margins and the solid flock effect.
Don't be affected by emotions; do some more homework first.

Have you entered?

Lululemon has been challenging my mental qualities.
As soon as I bought it, it dropped, and then it went down when I bought it.
I went out for a walk on the weekend and came to think back.
1. It is now on the eve of interest rate cuts. I personally believe that once interest rates are cut, people's spending power will be liberated, and consumer stocks will return to power.
2. Lululemon still has great potential for international expansion, and it is a long way from being full.
3. Lululemon's pricing/ quality should be nearly unbeatable; you think it's expensive; that's your problem. Others have been saying that there are other cheaper alternatives; Lulu is going to fall.
In business, there will always be people who are cheaper than you, and there will always be other competitors.
4. The recent reduction is due to other investment banks lowering Lulu's target price, which has nothing to do with its fundamentals.
5. PE is now at a low point in nearly ten years, which is a bit unbelievable. Is it going to collapse?
I just want to use this post to remind myself to focus on my long-term goals and ignore other noises; I just need to wait for Dongfeng to return!
#lululemon