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Disagree. This is top 5. Look at the difference betwen position 1 and 5 (30% (sic!) for entry level). Ask yourself how many companies are in the SV area? Then
by rdslw 7y ago
Disagree.
This is top 5. Look at the difference betwen position 1 and 5 (30% (sic!) for entry level). Ask yourself how many companies are in the SV area?
Then think where MEDIAN of those numbers is.
Looking at top 5 is like looking at best performing stocks in last year (from 5000 of ohers), and thinking "YEAH, thats what I should expect from my future investment portfolio".
- lowdose 7y agoYour portfolio should only contain FANG companies. Every single one has outperformed the market by at least 2X and up to 6 X over the last 5 years. The contrarian position now is to double down on a small number of stocks where the business model function as a data aggregator hence FANG. As opposed to index tracking style portfolio investing, even your Uber driver has ETF's.
- lonelappde 7y agoThe best investment is whatever large cap company left wingers hate the most. It used to be oil companies.
- tasuki 7y ago> Your portfolio should only contain FANG companies. Every single one has outperformed the market by at least 2X and up to 6 X over the last 5 years. Based on this, your portfolio should have only contained FAANG companies for the last 5 years. The argument for "Your portfolio should only contain FANG companies" would be "Every single one will outperform the market by at least 2X and up to 6 X over the next 5 years". Buying FAANG in 2020 is buying assets whose price has just gone up a lot - the very opposite of contrarian.