Cathie Woods has no idea what she is doing. She rose to prominence betting on tech stocks during the bull market and doubled down on them despite most being grossly overvalued even if you assumed they would double or triple in revenue. Now we have entered a bear market and all of her gains have been erased.
Just a few months ago prominent investors were on the record saying Warren Buffett style value investing is outdated and dead. They were and are wrong. Value Investing might not realize huge one year gains, but it also won’t see all of those gains erased at the hint of an economic downturn.
Just a few months ago prominent investors were on the record saying Warren Buffett style value investing is outdated and dead. They were and are wrong. Value Investing might not realize huge one year gains, but it also won’t see all of those gains erased at the hint of an economic downturn.