One of our biggest advantages over Wall Street is our ability to think in years and decades rather than the weeks and quarters most analysts and fund managers are judged by.
Wall Street analysts are trying to fill out their spreadsheets and predict what the next quarter will look like, while we can sit back and relax knowing the companies we own are compounding year after year.
SoFi sits firmly in that compounding category after fourth quarter 2024 results were announced on Monday. And while the stock is down 9.9% in the past week, the drop hasn’t changed my long-term view and I may be even more bullish than before earnings.
The stock is down, but the business is hitting on all cylinders.
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