Feb. 7 at 10:23 AM
Investor Note on
$PYPL
I rarely critique stocks I don’t own, but this is a lesson to remember:
2020 hype →
$PYPL crashes 75% from
$300+ to
$60+. New CEO Alex Chriss hailed as turnaround hero, crypto payments buzz (PYUSD) → hype everywhere.
Reality: hype minted new bagholders, not growth.
Key takeaway: Trading hype ≠ investing. Investing = deep research, watching capital allocation over years, verifying if the business truly compounds.
Only then do you size a position, hold through boredom, sideways years, and distractions. Most can’t. That’s why hype creates bagholders.
Founder-led culture matters more than any new CEO. Don’t confuse noise with signal.