Originally Posted by scho63:
Cathy Wood's ARK is sinking...........
Jim Cramer called her out and said she was like a first time money manager and was doing nothing to protect the downside, blindly thinking she is smarter than the market.
Blowtorched her.
That's almost a compliment coming from him, Cramer is a fucking hack. [Reply]
Originally Posted by louie aguiar:
Interesting article- stock pickers consistently can’t beat the S&P.
I've come to the conclusion that a big part of this is the massive tech stocks that are so heavily weighted. The only way to beat the S&P for the past several years is to overweight yourself in the FAANGs, which goes against the traditional strategy of diversification. You're either diversified and underperforming the index, or you're overweighted and hoping that none of those stocks melts down. [Reply]
Originally Posted by DaFace:
No surprise. Index funds FTW.
Most people can't outperform the market most of the time.
I read a book that went back and quantified all the expert predictions, etc., and it was like an 80% fail rate.
I mean unless you do a shit ton of research and understand what you are actually reading, and then concentrate your holdings and then hold them for a long period of time, then I agree, index funds and ETFs. [Reply]