I’ve been investing for about a decade and Buffet had my mouth watering waiting for the next economic meltdown & the opportunities that would provide. I watched with hindsight the 2007-08 crash and noticed how many great companies traded at “once in a lifetime prices” and seemed like obvious choices.

With the Covid crash I was finally able to put it into practice. It was easy to buy great companies as they continued to get cheaper and cheaper. I waited until the initial drop was 15-20% to ensure I wasn’t buying 2-5% dips. Added throughout the bloodshed and sold into the recovery. That recovery quickly turned into exuberance and for 1-2 years, it seemed everything was crazy over priced. Then can another “recession/bear” that we’re currently living in. But I have also heard many experts in the last couple weeks say the economic numbers don’t match every other recession; many numbers look to good to be going into a recession. My initial theory was that we were just giving back obscene gains bid up after the Covid recovery.

I noticed last night that I am holding a few companies currently trading at or below February, 2020 prices and thought I’d share that list. Regardless of how one chooses to value a company, seeing their price back to 2020 levels is refreshing to someone still accumulating.

Remember these are just taken from my current holdings. I did not do a screen looking through the universe.

Ticker / Todays Price / February 2020 Price

$ADBE / $384 / $378

$THO / $80 / $81

$TSN / $81 / $84

$SPG / $97 / $140

$PHM / $44 / $45

$OHI / $29 / $44

$MPW / $15 / $23

$VZ / $50 / $60

$MU / $57 / $57

$PYPL / $70 / $116

$NFLX / $177 / $386

$INTC / $37 / $66

$MDC / $35 / $42

$VICI / $31 / $28

$BABA / $109 / $208

$TCEHY / $43 / $52

$TROW / $113 / $135

$META / $162 / $217

Just an interesting observation I thought I’d share.

Was shocked at some of the price differences with companies like $BABA , $PYPL, $TROW , & $META. Always thought Netflix was insanely overvalued; no surprise there.