$Meta Platforms(META.US) Let me share a discussion I had with a friend who prefers to keep cash positions, and also share it with everyone: Compared to a continuously rising stock market, a deep correction provides more safety margin. Take Meta as an example. The recent correction brought the price back to May 5th levels. If you don’t have a long-term investment perspective, you’d have wasted half a year. Even bonds would have yielded 2.5 percentage points over the same period. What if you bought after May 5th? (Of course, it’s a loss.) A few days of correction later, it’s still a loss. If you hold cash and don’t act rashly, when panic hits the market, many stock prices will fall below their intrinsic value for various reasons. Buying at this time is much safer than buying on May 5th. Because before May 5th, the lowest point was April 7th.$Vale SA(VALE.US) On October 23rd, I discussed Vale with a friend. I probably bought it on October 20th after nearly two months of research. It should have gained over 20 percentage points by now—see the third image. As I always say, I prefer a sufficient margin of safety. Of course, there are other stocks like $Amazon(AMZN.US).