ADAWang
2021-11-15

$Visa(V)$ FWIW it is now priced lower than prior to the Covid market sell-off. I'm watching good established companies that have a track record, lose value and some of the growth at an price stocks continue to run up. One of the main issues with the stock now is that fund managers will likely use it as a tax offset against the large gains they want to lock in before year end. Many fintech companies are fast and lose with their money based upon their proprietary rating methods which are untried during bad times. It will be interesting to see what happens with credit and counter-party risk when the downturn hits.

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