One thing I’ve noticed over the past couple of years is investors now put an insane emphasis on acceleration or deceleration.
Historically absolute growth mattered, multi-year growth mattered, earnings and profits, mattered, now the only thing that matters is “are they accelerating or decelerating!?!”
My guess is over time the market will shift back to valuing long term earnings and cash flows, and investors won’t be able to remember which quarter a particular stock had accelerated or decelerated its growth.
I really like the direction all my holdings are going; all of them commanding higher intrinsic earnings power each year. Their moats are huge, and the future allows for a huge amount of verticals for them to expand into.