In today’s post:
💸 $800B. Gone Since June.
💸 $800B. Gone Since June.
Broadcom $AVGO ( ▲ 2.01% ) hit an all-time high of $495 in June.
On Friday it closed at $328. That's a 33.6% drop, and $800B of market value gone, which is more than most companies on Earth are worth in total.
Long-term holders are still sitting on 10-15x baggers from the last decade, so nobody's crying into their Lambo just yet.
For everyone else, there's one question that matters: is this a broken stock, or a high-quality compounder on sale?
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