r/valueinvesting
Can we please ban new Adobe and Microsoft bull posts for at least a month?
Author complains about bullish posts for Adobe and MSFT, implying the market ignores their bull cases and investors seek validation.
- The market has heard the bull case and is simply not interested, implying valuations are too high.
- Investors needing weekly reassurance threads indicates a lack of true confidence in their investment thesis.
- The continuous need for group therapy suggests shareholders are disappointed with recent performance.
Every day it's the same thread.
"Adobe is a wonderful company."
"Microsoft is a wonderful company."
"The market is irrational."
"The market just doesn't understand."
"My discounted cash flow model says it's worth 73% more."
We know.
You've told us every day for the last six months.
At some point we have to consider the possibility that the market has, in fact, heard the bull case and simply isn't interested.
I'm not saying they're bad companies. I'm saying that if your investment thesis requires posting weekly reassurance threads to strangers on Reddit, perhaps you aren't as confident as you claim to be.
So please. Go quietly hold your bags in the corner. Stop trying to recruit the rest of us into your support group.
Misery loves company, but not every thread has to become group therapy for disappointed shareholders.