yeah itās crazy, but think of thisā¦on the 30/9/2012 Amazon had a PE ratio of 3363.14ā¦ and it turned out ok.
source: https://www.macrotrends.net/stocks/charts/AMZN/amazon/pe-ratio
ps. agree nothing against his portfolio at all. just maybe a little carried away with short term results.
Iām just trolling to be honest.
I hold a couple of these in the PortYOLOio I run for my partner.
Theyāre sort of hold your nose and dive in kind of stocks.
Iām guessing a few of us have that one portfolio holding some very suspect stocks on a speculative hope where you just throw in a fiver on Friday instead of buying a kebab.
That said, I think zoom will probably fall a bit when all the lockdowns end and people are using video conferencing as normal.
Fastly has that deal with Shopify which should boost it for a while.
Twilio I like as we use its service to send out messages where I work.
The rest I have little to no knowledge on so wouldnāt buy them without doing some research first.
No I am not getting carried away! Some people have totally misunderstood the whole thing - People reading my regular blog posts /monthly review on substack know it is quite the opposite!
I am a long term focused investor rather than someone looking for short term gains and infact I have commented several times both on twitter and in my blogs that the recent returns are NOT normal! We should be thanking the Fed rather than complaining about markets being rigged! Follow the money and the rest is noise!
And yes it is equally important to know when to exit - I am not clever enough to have an edge in market timing though so I pick the best of the breed which I believe will succeed long term regardless of the peaks/troughs of the business cycle and follow their business closely and keep holding them until the thesis changes.
I have no such portfolio LOL. Most of my holdings are all stuff thatās oddly stable given everything thatās happened these last few months. the result is that if the market crashed, I saw no losses, yet when it rallies I still see almost no gains 
I occasionally have a bit of loose change from dividends and leftovers to buy a couple volatile shares and cash out around 17% in the green, but the position is too small to matter haha
That sounds like youāve got a savings account @Dao 
perhaps, but it pays much more than a typical savings account itās an acceptable result considering I was focusing on dividend payers and they are all for the most part quite stable in behaviour and value pricing 
that was with all stocks and no bonds or ETFs.
I made the same amount in just 3 months in this ISA, using half the funds I had to deposit over the course of last year into my regular savers account to see a return on my money. with the dividends getting factored in, I have been seeing consistent growth, it just doesnāt appear in the charts for each holding hence not as noticeable as growth stocks,
Now I have more branching and better pricing, with more frequent adjustments. still not going to buy tesla and hope for $2000 >.>
How are you making your assessment on which is best in breed? For example, Zoom doesnāt have any real best in breed features that I can see (financial or technological).
Thanks
Iām quite interested in seeing what you have in there honestly, I love seeing peopleās portfolio and the thoughts behind it
currently in possession of PEP shares outside the pie, once those are sold and funds moved over will show the makeup, I went from 4 companies to 10 so there are no guaranteed returns to this new portfolio yet. but I can say that the election vote and boris johnsons speech shortly after contributed a decent amount from market turbulence that went past my āsensible pricingā threshold. still long on OXY however, since I can see a chance to profit nicely enough for my troubles.
must admit I considered putting Ā£100 in CFD and shorting Tesla for a week
Just got to time it right for the next Elon tweet 
pretty much. the next tweet will be a caveat reality check against their good Q2 results followed by a vague statement and then a ridiculuos spontaneous rally to around $3200~ 
make sure to get your lottery tickets soon to take part. lucky colour is red and fortune favours star-sign Leo hahaha thatās all from āconfessions from a satirical prophetā.
Does not matter what I or you believe - story telling is one thing - I just look at the numbers which for Zoom have been the best ever I have EVER seen (in fact unreal last quarter)
Thanks but my question wasnāt about belief, but how you made the assessment that it was better than say WebEx or Teams (or Slack or Skype or House Party etc) on the technical side. On the financial side are you not worried by the incredibly high P/E ratio or the low margin?
Iād be concerned with Zoom that free users donāt convert into paying customers and particularly during lockdown become a massive drain.
That is before all the concerns about privacy and security.
I follow the trend of what those ratios might look like in 3-5yrs rather than now as itās a growth company not a mature company - for growth companies p/e would be the worst metrics one could look at in my opinion (at least the market agrees with me so far!)
Sorry couldnāt help getting the feel of "Tele shopping commercials " with how you presented it. 
Each accountant can use numbers to his advantage, putting % in place of actual numbers can make one feel like this is bigger growth then numbers show.
Aka 1 mil revenue vs 2 mil revenue is 100% increase, sounds a lot more when you say 100% then when you put 1mil vs 2 mil.
Anyway good luck with the investment 
Yes do your own research no one is asking you to invest in anything- there is something called a 10K/10Q you can dig the numbers yourself my blog reply was something I did quickly on my lunch break & was a quick message to answer the question - zoom is not a $1m company! Your example is just hilarious - good luck anyways with your investments
Those are reasons you rate Zoom not reasons why it is better than its competitors ie best in class.
I completely get that Zoom has undergone massive growth, I just donāt see the justification for the valuation (not your fault!) or your description as best in class.
Yes valuations are over stretched - but thatās not my fault! Somebody is willing to pay for future growth I am on. Board as long as itās too and bottom line continue to accelerate higher! Itās best in class due to highest adoption rate which is no joke given the competitors it has in video conferencing- I personally find it ok but entreprises find it better than alternatives which is why itās is growing itās market share exponentially
