An 85% Loss Isn’t Cool, Man……..

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I have nothing against Oatly (the ticker symbol, is, like, OTLY, dude). My family buys this plant-based milk every week at Whole Foods, where it is often sold out due to its popularity. But it seems to me the old Peter Lynch saw that you should just buy stocks of the companies that make stuff you like wouldn’t apply here. This stock, which has the good fortune to exist during the most comically-oversupported bull market in human history, has never met an uptick in its life. Honestly, it’s rare you see any common stock so consistently suck out loud. Wow.