I believe I was living in Seattle in the mid 80’s and Microsoft was a huge company and had a huge facility back then and the operating system MS DOS was out for many years already. Funny, I was working for a joint venture of Westinghouse/ Viacom at the beginning of cable sales, when it was hard to get anyone to advertise on cable. I was there like the beginning of time. Hardly anyone knew of ESPN or MTV at the time.
Tom Lee - stick with big tech in 2022:
For big tech, continuation of massive earnings and a growing economy. He's saying there can be softness and perhaps a dip in H1 due to the Fed, but H2 will be strong as inflation begins to subside. Double digit growth year for 2022.
Good 3-year chart. Via Morningstar, 3-year return on $10k invested:Good chart showing how ARKK has given up all its previous outperformance.
Cathie Wood’s Flagship Ark Fund Misses Out on Year-End Rally
(Bloomberg) -- Cathie Wood’s ARK Innovation ETF is missing out on the year-end rally on Wall Street.Most Read from BloombergCoronavirus Can Persist for Months After Traversing BodyCDC Reduces Isolation Time; Apple Shuts NYC Stores: Virus UpdateFauci Says Domestic Travel Vaccination Rule Should...finance.yahoo.com
Jan-Patrick Barnert
There is definitely different dynamics going on (and have been for the past 3-6 months). Tech that is making money and established are rocking it. However, spec plays continue to be flat or lose ground (not making profit or not even selling yet). I assume this will stay the same in early 2022.Good chart showing how ARKK has given up all its previous outperformance.
Cathie Wood’s Flagship Ark Fund Misses Out on Year-End Rally
(Bloomberg) -- Cathie Wood’s ARK Innovation ETF is missing out on the year-end rally on Wall Street.Most Read from BloombergCoronavirus Can Persist for Months After Traversing BodyCDC Reduces Isolation Time; Apple Shuts NYC Stores: Virus UpdateFauci Says Domestic Travel Vaccination Rule Should...
Jan-Patrick Barnert
Vs the Nasdaq100. Still very solid outperformance vs the S&P.Good chart showing how ARKK has given up all its previous outperformance.
Cathie Wood’s Flagship Ark Fund Misses Out on Year-End Rally
(Bloomberg) -- Cathie Wood’s ARK Innovation ETF is missing out on the year-end rally on Wall Street.Most Read from BloombergCoronavirus Can Persist for Months After Traversing BodyCDC Reduces Isolation Time; Apple Shuts NYC Stores: Virus UpdateFauci Says Domestic Travel Vaccination Rule Should...
Jan-Patrick Barnert
Speaking of the S&P. I am literally neck and neck with it for YTD results. I checked over the weekend and was within 0.3%. Yesterday was a great day, but the S&P matched the Daq. If I beat it this year it will be all due to SOXX (over +50% YTD)!
Someone on CNBC talked about how hard and awful it was to pick individual stocks this year, but indexes were crushing it. Weird, but true. Once again, building wealth is about slow and steady. Perhaps you should consider splitting your portfolio into ETFs and stocks? If you have a 401k at work, this may be unnecessary.
I have no idea. BABA seems to have been a buy 4 or 5 times already! The Chinese gov is really crushing its economy for some reason.
Mean reversion at its finest. A fund can’t have outsized returns over the long run.Good chart showing how ARKK has given up all its previous outperformance.
Cathie Wood’s Flagship Ark Fund Misses Out on Year-End Rally
(Bloomberg) -- Cathie Wood’s ARK Innovation ETF is missing out on the year-end rally on Wall Street.Most Read from BloombergCoronavirus Can Persist for Months After Traversing BodyCDC Reduces Isolation Time; Apple Shuts NYC Stores: Virus UpdateFauci Says Domestic Travel Vaccination Rule Should...
Jan-Patrick Barnert
Nah, I just went too heavy in specs (or better put stayed to long), made some bad trades, and in a combo of each dabbled poorly in the options game.
Not a bad YTD! Lots of great stocks and buying opportunities, if you are willing to hold for a bit.
You're generally correct but if you're old enough to remember, Peter Lynch's Fidelity Magellan fund outperformed the market for many years and was arguably the best performing mutual fund ever for a prolonged timeframe.
Peter Lynch, the man, myth, and legend! :)
I’m not that old but the keyword in my post is outsized. A fund can beat the market consistently to a degree. But if your fund beats it by multiples you have to take profit and say thank you.
I'm not well versed by any means, but if you sell covered calls in a very conservative manner(ie significantly above the current price) you can tack a percent or two onto your returns without too much risk of having the stock called away(which under this scenario would be at a good price).
I was lucky to get out of Chinese stocks when I did (small loss) and I don’t think I’ll ever buy any again, no matter how cheap they appear to be. As far as I’m concerned the Chinese Gov’t basically makes every Chinese stock un-investable.
I’m sticking with SoFi because I like the CEO. But I feel like I got screwed by Chamath because it went from $23 to $15 shortly after he started selling.
That guy is scum. I did sell all of my shares WAP of 22. Bought it all back at WAP of 15.4.
I'll be creating a low-vol dividend focused portfolio once those 2 CDs mature next week (yesterday posts). I may throw in a few dividend stocks for fun. :)
True. My stocks are in a non-taxable account, so it doesn't matter much to me. And I mostly hold anyway!
I’ve always had that opinion even before Xi decided to become another Putin. Haven’t ever put a dime into any Chinese stock. Parents came from a country similar and I have distrust for governments like that. One second everything seems fine next second it’s lower the boom.
I never got the impression Noto was scum? West Point (Army Ranger School), Wharton, positions with Goldman, Twitter, NFL. I’ve seen him speak and sounded way more qualified than other execs. Why don’t you like him?
