Premium: Mr Market’s depressed mood is perfect opportunity for rational investors

March 2020 feels like a lifetime ago. It was the last time we were able to take such advantage of Mr Market's obvious depression – then sparked by uncertainty around Covid-19. At that month's BN portfolio update webinar we bought aggressively into Sasol at R28 (now R309); Discovery in the R60s (now R144) and Cloudflare in the $20s (now $93)..The exponentially growing US companies that have served our portfolio so well have taken the brunt of Mr Market's mood swing with their share prices falling sharply of late – and again last night (see above). It's starting to remind me of March 2020. Mr Market is panicking about confusion around Omicron. Plus fresh concerns at rising interest rates..___STEADY_PAYWALL___.Warren Buffett's peerless investment record has been supported by studiously ignoring the "big picture" which, he reckons, is impossible to predict. Buffett focuses instead on understanding companies whose stock he co-owns. Picking carefully, exercising patience and holding the shares "forever"..As mentioned previously, at tomorrow's portfolio webinar update I'll be adding a second tranche to my own replication of the $10,000 BizNews Shyft portfolio. So, viewed in terms of this five year project, I'm delighted this tranche will buy more shares than last month. For rational investors, falling share prices can be very welcome..More for you to read today:.Stocks End Lower as Bond Yields Hit Two-Year High. Tech stocks slide, but Activision Blizzard shares rocket after Microsoft deal newsLindiwe Sisulu: Opposition leader? Douglas Gibson on the first horse out of the gate in this year's ANC leadership contestGood Guy with a Chair. A brave rabbi stops a foreign terrorist..* PS Please sign up soonest for tomorrow's BizNews Share portfolio update at 6pm tomorrow, exclusive to Premium members. Register by clicking here for the online webinar..NB FOR YOUR WALL STREET JOURNAL ACCESS….As a Premium subscriber you are entitled to full membership of wsj.com (normal price $29 a month). Be sure to action your access through the Premium link on the BizNews website. Because of The Wall Street Journal's credential requirements, be sure to create a password which has at least 8 characters and includes at least one letter and one number – NB it MAY NOT contain any special characters (ie #, !, @ etc). To maintain access to WSJ.com, you MUST enter our partner's website via BizNews Premium at least once a month. A final PS, if you had previously signed up for WSJ you'll need to clear the cookies from your device. Our help desk can assist – support@biznews.com..If you'd like to help sustain our independent voice, why not share the love by making a gift that keeps giving? Click here to access the BizNews Premium subscription signup form, and be sure tick the relevant box. At R100 a month and inclusive of full membership of The Wall Street Journal, it's a mind-expanding gift at an incredibly modest price.

Premium: Mr Market’s depressed mood is perfect opportunity for rational investors

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