(05-08-2021, 08:50 AM)divmenow Wrote:Pretty sure Buffet hasn't beaten Joe Lunchbucket's returns feeding his SP500 Index 401k the past 20yrs. His performance is below average for most of my investing career. Still a legend to me because he put down 30+ amazing years before that. Thankfully he bought one stock or he would be getting heat. Peter Lynch had it right. Play about 14 seasons and win the Superbowl most years, then go fishing before age 50.(05-08-2021, 12:28 AM)vbin Wrote:(05-07-2021, 01:25 PM)stockguru Wrote: ARKK has lost 45 points since the peek. Cathie Woods will go down as a 1 year wonder lolA few folks I know are short Arkk they are saying it's going to $60 by 2023. It's possible I think.
Probably a good bet. In fact if you take out the 2 years 2017 and 2020 of that ETF big performance it’s only up 5.6 percent. She is way over hyped and if you watched that CNBC interview yesterday. OMG you would have pulled your money out that second. What a train wreck!! ??
She invested into momentum stocks, the momentum is over. Now she has to wait for SP500 to catch up, it'll take years of stagnation.
A few good years doesn’t make you a legend like Buffet lol. Move on, nothing to see here ?
He would be less amazing if he hadn't missed 2000-2010 Just depends if you want to cherry pick the time period to make you case. There are still zero actively managed funds that have outperformed Kathie of five years. She is way over-hyped IMO, and investors are way jealous because few even sniffed HALF her returns. I don't like how she has invested through this beat down. Not at all. She looked like she thought she could single-handedly keep them from crashing. Nobody can do that when entire sectors go risk-off. We'll see what it all looks like in a year.