"expensive" stocks

In times of great volatility like the last weeks, it's the time to deploy some money, if we have some left. Things could get worse, but I believe it's a good entry point to buy many stocks.

As I've said before, it's always very important to buy high-quality stocks. That's why one should take a look at "expensive" stocks first. By expensive, I don't talk about stocks with a PE of 50. I talk about stock that are expensive on an absolute way. Like stocks that are selling for 1000$.

If you're an intelligent investor, you probably think it's stupid to talk about the price of the stocks. I don't think so.

There's many many people who say that Google is expensive at 1000 USD. Or that Booking Holdings is expensive at 2000 USD. They prefer to buy Canopy Growth at 28$ (CAN)

These people are not real investors. They're gamblers. Or they're only ignorant and want to make investing as easy as possible.

I don't know which percentage of investors they represent. Perhaps 25% of individual investors? Perhaps more, perhaps less. But a fact remains, you shouldn't search the company of these people because they associate themselves with cheap stocks or hype stocks. And that association with a team of pee-wee is not what you should be looking for.

So, search for the best stocks that are selling for a price that should stop novice investors to look there. There's two great examples in that post.