Easy come, easy go. Though I’m still up significantly.
Absolute beating in Asia today because Trump and Iran.
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There are just a lot of inexperienced investors that need to learn that private capital is not a bank account.
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I will never understand why people invest a dime with this individual. She is literally one of the worst investors of the last decade.
Cathie Wood’s Ark Invest has destroyed an estimated $14 billion in shareholder wealth over the past decade. A Morningstar analysis ranked her firm as the largest “wealth destroyer” among investment companies over that period."
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I have moved all my US holdings into money market.
I really don’t like what I am seeing right now.
US Equity markets reminds me of an over-inflated balloon right now, with the underlying economy also problematic (due to higher levels of inflation).
Fed is currently predicted to raise rates 2-3x by the end of 2026. That will set-off even more problems in the housing market + private credit.
Cash now?
