# Bull Sessions (2/22/2022)

Inflation matters. Recessions matter. Economic cycles matter. Bubbles matter ... particularly when they're emanating from the products distributed by Sam Adams.

Canonical: https://www.manifestinvesting.com/community/events/680

Inflation matters. Recessions matter. Economic cycles matter. Bubbles matter ... particularly when they're emanating from the products distributed by Sam Adams.

In this February 22, 2022 Bull Sessions webinar, Mark Robertson, Sean Mace, and Matt Spielman discuss inflation-influenced investing strategies and market dynamics during uncertain times. The speakers reinforce the Manifest Method's core principle: investors should not change their fundamental approach to seeking quality companies at reasonable prices, even amid macroeconomic challenges like inflation, geopolitical tensions in Ukraine, and market volatility. The discussion emphasizes that stock price fluctuations are normal and historically tend to revert to underlying value trends, as demonstrated through value line data showing 1,700 companies averaging approximately 11% returns. The webinar addresses the disconnect between media headlines and actual corporate fundamentals, using FedEx as a case study where earnings reports contradicted negative market narratives.

The speakers examine several high-profile stocks that have fallen significantly from all-time highs, including Fiverr, Facebook, Peloton, Robinhood, AMC, and Boston Beer, among others. They discuss the Reddit investment community's perspective on these opportunities and debate whether certain declines represent overreactions or justified corrections. Special attention is given to Boston Beer, which remains on Manifest's small-cap list despite substantial losses, with the speakers expressing optimism about potential recovery. The session also touches on Proto Labs, PayPal, and FedEx, questioning whether their significant declines reflect underlying business deterioration or market overreaction. Throughout, the speakers maintain that disciplined fundamental analysis—the cornerstone of the Manifest Method—provides the best framework for navigating inflationary periods and market uncertainty.