{"id":49455,"date":"2020-01-31T10:44:45","date_gmt":"2020-01-31T15:44:45","guid":{"rendered":"https:\/\/www.technologyinvestor.com\/?p=49455"},"modified":"2020-01-31T13:25:04","modified_gmt":"2020-01-31T18:25:04","slug":"amazon-blows-the-roof-off-guess-whos-a-happy-camper-the-coronavirus-gets-serious-which-stocks-should-you-own","status":"publish","type":"post","link":"https:\/\/www.technologyinvestor.com\/?p=49455","title":{"rendered":"Amazon blows the roof off. Guess who’s a happy camper? The Coronavirus gets serious. Which stocks should you own?"},"content":{"rendered":"

Amazon is my second largest holding after Apple. It’s been on my list of recommended stocks forever — see the right column on my web site.<\/p>\n

I’m a happy camper with Apple and Amazon.<\/p>\n

Governments are freaking over the coronavirus — for various reasons:<\/p>\n

President Xi wants to save his career after he bungled swine fever and killed lots of China’s pigs.<\/p>\n

And President Trump is up for re-election.<\/p>\n

Health authorities all over the world are downplaying the threat — to protect their government jobs.<\/p>\n

Some perspective:<\/p>\n

+ In 2017-18 a bad flu season saw symptoms in 45 million Americans, and 61,000 deaths.<\/p>\n

+ Worldwide, the coronavirus has killed maybe 500 and sickened 10,000. They don’t have a vaccine or a cure, yet.<\/p>\n

If you’re 55 or older and have trouble breathing, you need to be extra careful. That’s who it kills.<\/p>\n

\"\"<\/p>\n

As they shut down China (and soon America), we need to be careful:<\/p>\n

Wash your hands. Don’t shake hands. Don’t touch your face, especially your eyes.<\/p>\n

You need to lighten up on stocks with a big exposure to China. I sold Starbucks. (You don’t want most energy stocks, because world demand is flagging.)<\/p>\n

My big exposure to China is Apple. I can’t bear to sell that stock. It has a raft of new products coming out this year, including 5G phones. Today is a good day to buy Apple. It’s down over $6.<\/p>\n

Ed and I were talking. What to buy? I suggested:<\/p>\n

AMZN, ADBE, DOCU, MSF, NOW and SWKS.<\/p>\n

Ed broadened to:<\/p>\n

FB, GOOG, INTU, COST, IAC, NOW, CRM, WKDY, TW,\u00a0 PYPL, SQ, MA, GPN, CRWD, ZM, TW and TWLO.<\/p>\n

Pick your poison.<\/p>\n

My screen today bis a sea of red ink (except for Amazon, DOCU, CCI, and WM).<\/p>\n

Stocks are on sale, again. Pick from the lists above or check out my portfolio in the right hand column. Click here.<\/strong><\/a><\/p>\n

Best advice today<\/strong><\/span><\/p>\n

Stop freaking out about the coronavirus and\/or Bernie becoming president.<\/p>\n

If you’d feel better having more cash, sell some Amazon. It’s probably going to pull back from these lofty heights (it did before).<\/p>\n

Put your money in a safe place:<\/p>\n

\"\"<\/p>\n

Clayton Christensen, HBS professor, died<\/strong><\/span><\/p>\n

Nice obituary in the New York Times, which began:<\/p>\n

Clayton Christensen, Guru of `Disruptive Innovation,’ Dies at 67
\nHe broke ground with his assertion that the factors that helped the best companies succeed were also the reasons some of those same companies failed.<\/p>\n

He wrote a book “The Innovator’s Dilemma,” which The Economist called one of the six most important business books ever written.<\/p>\n

On the last day of his management class every semester he asked his students to “turn those theoretical lenses on themselves” and answer three questions:<\/p>\n

+ “First, how can I be sure that I’ll be happy in my career?<\/p>\n

+ Second, how can I be sure that my relationships with my spouse and my family become an enduring source of happiness?<\/p>\n

+ Third, how can I be sure I’ll stay out of jail?”<\/p>\n

Several former classmates of his, including Jeffrey Skilling, the former chief executive of Enron, had spent time in prison. “These were good guys – but something in their lives sent them off in the wrong direction.”<\/p>\n

“The metric by which God will assess my life isn’t dollars but the individual people whose lives I’ve touched.”<\/p>\n

“Don’t worry about the level of individual prominence you have achieved…worry about the individuals you have helped become better people.<\/p>\n

“Read his obit here:<\/strong><\/a><\/p>\n

Don’t you love marketing?<\/strong><\/span><\/p>\n

The container has 10 ounces, which is 20% more than the old container which had 8 ounces. You get a bonus for the bad math. Go figure:<\/p>\n

\"\"<\/p>\n

This is Peter Newton, grandson, now aged 4<\/strong><\/span><\/p>\n

On his recent fourth birthday, he’s now too big to go for free on the New York City subway. You have to be under 44 inches.<\/p>\n

\"\"<\/p>\n

The best philosophy for today — Shake It Off<\/strong><\/span><\/p>\n

Turn up the volume and play full screen.<\/p>\n