Do your research and buy from companies with a long and consistent track record. How did they perform during recessions and booms. Has their quality remained consistent. There is no doubt you have to wait for better gear to be built as most smart manufacturers dont overproduce during booms or ramp up production during momentary spikes. The real question...did consumer purchasing habits change in 2020 for good or will they return to trend. No one knows but alot of things affect demand. In addition Brexit, etc has changed the British hifi market and who knows what to expect.
Regarding investment and economic advice offred on an audio forum. Proceed at your own risk. @millercarbon may very well be right and Warren Buffet may very well be wrong. You pick. I’ve done reasonably well over the past 30 years investing with Mr. Buffet but I’m sure when all heck breaks loose and those 30 years of investments vaporize, I know I can count on the compassion of @millercarbon to allow me to share a can of peaches in his underground bunker while he communicates on his shortwave during the apocalypse.
Regarding investment and economic advice offred on an audio forum. Proceed at your own risk. @millercarbon may very well be right and Warren Buffet may very well be wrong. You pick. I’ve done reasonably well over the past 30 years investing with Mr. Buffet but I’m sure when all heck breaks loose and those 30 years of investments vaporize, I know I can count on the compassion of @millercarbon to allow me to share a can of peaches in his underground bunker while he communicates on his shortwave during the apocalypse.