Don't Say I Didn't Tell YOU | SOFI Stock

Stealth Wealth Investing•Apr 6, 2026

Summary

Luke’s thesis revolves around a systematic approach to investing during market volatility, rejecting the efficacy of technical analysis or "pretty lines on a chart." He emphasizes a fundamental strategy consisting of four steps: performing deep valuation to find fair value, setting specific price targets and a buying schedule, determining share quantities for each price level, and disciplined execution. This "modified DCA" approach ensures that as a stock's price falls, the investor buys increasingly more shares at more attractive valuations, effectively capturing the bottom range.

Luke highlights that successful investing requires deep due diligence and a written plan to resist negative market narratives and fear. He views market crashes not as a time to hide, but as a critical opportunity to build long-term wealth. By understanding what they own, investors can remain confident when prices drop, eventually profiting as the market recovers. He mentions that valuation is the hardest part but is essential to avoid buying at the top and to identify when a stock is at a significant discount.

**SoFi (SOFI):** Luke highlights SoFi as a primary example of his strategy, noting that he bought the stock ten times in the $4 range, with his lowest entry at $4.43. He used valuation to avoid the stock when it was hyped at $20 in 2021 and waited for it to reach his predetermined targets in the $4 range. He also mentions buying more shares in the $9 range last year and recently set a price target around $19 when the stock saw a significant run-up.

**Palantir (PLTR):** Luke discusses Palantir as another success story for his method, where he executed buys at $6.42, which was very close to the intraday bottom. He argues that deep due diligence allowed him to ignore bearish narratives about bankruptcy and continue buying while others were fearful. He emphasizes that understanding the company's fundamentals is what allowed him to maintain his position through the volatility of 2022.

**NVIDIA (NVDA):** While mentioned more briefly, Luke includes NVIDIA among the "great companies" that his group members accumulated during the 2022 market crash. He frames it as a core example of a high-quality stock that investors should target during significant market drawdowns. He views these types of companies as the primary vehicles for building real, long-term wealth rather than chasing "to the moon" hype.

Mentioned Stocks

NVDA

Sentiment: BUYAction: RECOMMENDED

Reasoning: Luke refers to NVIDIA as one of the 'great companies' that should be 'scooped up' during market crashes. He includes it in a list of stocks that help build real long-term wealth when purchased at valuation-based bottoms.

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SOFI

Sentiment: BUYAction: BOUGHT

Reasoning: Luke explicitly mentions buying SoFi 10 different times in the $4 range, with his lowest buy at $4.43. He uses it as a prime example of his 'modified DCA' strategy, where he sets targets based on fundamental valuation. He avoided it at $20 and bought heavily in the $4s. He also mentions buying in the $9 range during market volatility and previously setting a price target of approximately $19.

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PLTR

Sentiment: BUYAction: BOUGHT

Reasoning: Luke states he bought Palantir at $6.42, very close to its intraday bottom. He argues that fundamental due diligence allowed him to stay bullish and continue buying despite negative market narratives suggesting the company might go bankrupt in 2022.

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