Buy good companies when they are down: Morgan Stanley's Andrew Slimmon

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[Lemariecooper]

Ensuring the protection of your capital holds greater significance than solely focusing on making money. This is primarily because once your capital is lost, the process of generating profits becomes significantly more challenging. It is comparable to the notion of "missing the train" versus the irreversible consequence of "losing your money." While there are various opportunities available, once your funds are depleted, it becomes exceedingly difficult to recover.

[mesutserim]

My advice to new investors: Buy good companies stocks and hold them as long as they are good companies. Just do this and ignore the forecasts and market views which are at best entertaining but completely useless. I’ve only ever saved($510, 000), never invested but want to start.

[emilydeep]

Despite the fact that I invest, I am saddened by my inability to evaluate each company's performance and determine whether or not this is the ideal time to purchase stocks. My monetary stockpile is being depleted by inflation. At this stage, I need accurate market trajectory data, but I'm not sure what to do.

[commonsense]

If they're such great companies then why would they be down in the first place?

[timower]

Eerily similar to the Ferengi "Rules of Acquisition".

[Charles-qekc]

It is incredible to lie like that. Luckily Andrew slimmon corrected the record. The slowdown of lvmh and other luxury brands is not due to china consumer slowdown but actually the US market. It's the US market that's dragging these companies stock