There are two types of people in the stock market.
The first type of people are those frantically selling their shares especially during a bear market. Gotta escape before everything crashes down during a market recession.
Then there’s the second type. These investors have just woken up from a slumber, ready to take action after a long time of observing and studying. During a market recession, they don’t flee. Instead, they buy bargained stock prices and then wait for it to bounce back again.
Warren Buffett belongs to the second type of investor.
Becauseof the COVID-19 pandemic, it’s tough for investors to see profit in their investment portfolios. It’s obvious, isn’t it? Now is not the time for harvesting — it’s the planting season. With a lot of businesses downsizing and closing down, investors have to single out the businesses that are prospering despite the bad circumstances.
The Effect of the Pandemic on the Ecommerce Industry
E-commerce, or electronic commerce, covers all businesses that buy and sell products and services on an online platform. It may be business to business (B2B), business to consumer (B2C), consumer to business (C2B), or consumer to consumer (C2C).
Before the pandemic, the e-commerce industry is gaining traction because of modern times. The current generation right now loves the internet. With e-commerce, we don’t have to leave our houses to buy the things we want. With just a few swipes, clicks, and few days of waiting, it comes to our doorway. It doesn’t matter where it came from — there are no boundaries when it comes to e-commerce!