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I'm a little salty I didn't pick up Netflix puts last week. It was in my to-do list... Anyway, for quite some time and especially in tech stocks, growth has be
by 58x14 4y ago
I'm a little salty I didn't pick up Netflix puts last week. It was in my to-do list...
Anyway, for quite some time and especially in tech stocks, growth has been consistently prioritized over value. This is pretty easy to justify when borrowing interest rates are low, and of course, there is significant correction when those rates increase. That's what's happening now and will continue to have pretty broad implications.
Famed investor Michael Burry liquidated a lot of his portfolio late last year[1]. I'm not much of an investor, but I followed him into GME right before the big upswing, which was nice. If I had to pick somebody to mirror trade, it would be him.
[1] https://seekingalpha.com/article/4470087-michael-burry-of-the-big-short-sells-just-about-everything-adds-lockheed-martin https://seekingalpha.com/article/4470087-michael-burry-of-th...