- Asymmetric Investing
- Posts
- SoFi Stock Drops, Why I'm Not Panicking
SoFi Stock Drops, Why I'm Not Panicking
The stock is down, but the business is hitting on all cylinders.
Travis Hoium
January 29, 2025
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.
SoFi’s Long-Term Mindset
I will get to the results below, but to lay the groundwork I want to show this interview SoFi CEO Anthony Noto did with Bloomberg. The transcript and highlights are below.
"We're in the best position we've been since I've been here, and so far for the last seven years," says SoFi CEO Anthony Noto on the company's earnings report trib.al/Kpdvdjx
— Bloomberg TV (@BloombergTV)
6:24 PM • Jan 27, 2025
Subscribe to Premium to read the rest.
Become a paying subscriber of Premium to get access to this post and other subscriber-only content.
Already a paying subscriber? Sign In.
A subscription gets you:
- • Exclusive access to all premium content
- • 1-2 company deep dives each month
- • Timely updates on Asymmetric Universe stocks
- • Asymmetric Investing portfolio (including trades before they're made)
Reply