I think we all can agree that cyber security has huge future and current potential. There's a few companies that already seem very well set up for the future. However, the cybersecurity sector and most of the popular cyber security stocks are valued very poorly. Most of these companies have had very high valuation for many years before this as well. My question is what are your guys thoughts on the sector from a value perspective. Does the future possibility outweigh the extremely high valuation? Personally I believe companies like Crowdstrike (CRWD) are unbelievably overvalued. What do you guys think?

I currently have a well diversified portfolio (I hope) with mostly well-known etf’s and a couple large cap stocks.

Since my private equity internship at a software fund, I became aware of the importance of cybersecurity, even more than I expected.

The advantages of these firms seems to be very promising:

• recurring revenue

• high switching cost

• high entry barriers

• scalable

So my question is, are you buying directly into cybersecurity stocks (such as Crowdstrike or Palo Alto Networks), or cybersecurity etf’s? Or is it already too late and is the hype slowing down a bit.

Curious to hear your opinions.