Related Posts
Does anyone know if 21Grams is hiring?
Any homeschool parents in the group?
Additional Posts in Option Traders & Investing
NOK next get in while ya can homies
4/14 Thread (General):
9/9 Thread (General):
lol are we just gambling addicts by another name
$MSFT is killing it lately 🙄
New to Fishbowl?
unlock all discussions on Fishbowl.
Mentor
I get it. What else would she say? “I’m making the wrong investments.”
The question is whether others believe her rationale or believe she’s rationalizing her portfolio…
Coach
Right. She just can’t and won’t pivot from her theme… no sense of risk management and the pressure isn’t getting to her when all her clients are freaking out.
Consistency in approach is what people buy a fund for. You don't want fund managers changing with the wind. You can't manage your diversification if fund objectives are changed.
People freaking are likely new investors that are just being introduced to investing. Anyone thinking investing returns aren't going to have symmetric volatility are learning the basics now.
She can be right in the medium term and long term and have +- 40% years.
The S&P average bull year returns are +21%, bear years are -30% which gives the 11.5% geometric average return. To think a high vol portfolio is going to be less volatile than the S&P is crazy.
Coach
I mean I understand her bias and I have it too, but I suppose an interesting read for anyone.
HA!
Enthusiast
40% compound annual growth for the next 5 years is an insane statement
Sm2, the youngest boomers are 57, though the very oldest are 75. At the oldest boomer (75) life expectancy is still 11 years. It may be starting, but it's not very far.
Even the FAANGS could be in harm’s way as the convergence of blockchain technology and artificial intelligence in the so-called “metaverse” attempts to destroy the roles of centralized data aggregators, ceding economic power to creators and consumers.
lol wut!
SM and PWC you both have valid points! Remember when people said the Internet and digital revolution would erase sovereignty? Well… not exactly and In some cases made it stronger. Same for consumer power - costs went down but at the price of data privacy and the rise of new monopolies/oligopolies. Will google and other firms be around as long as standard oil or ATT? SM2 I agree current resource requirements are not scaleable for a large population adoption right now but I would hesitate to think only of solving tomorrows problems with todays tools- we may yet have a new frontier in coding, computing power, energy efficiency or energy generation. Maybe we need to wait for another type of tech revolution to intersect.