Most investors are dumb as rocks, or, at least, don't know shit about what they're investing in. I mean, I don't know squat about chemical manufacturing but I have some investment in that.
It's not about who's the best, it's about where the market is. Dogpiling on growing companies is a proven way to make a lot of money, so people do it, and it's accelerated by index funds. The REAL people supporting Google and Nvidia isn't wallstreet, it's your 401K.
Why? They said "clearly demonstrated".
If it is so clear, then investors will want to pull their money out.
Most investors are dumb as rocks, or, at least, don't know shit about what they're investing in. I mean, I don't know squat about chemical manufacturing but I have some investment in that.
It's not about who's the best, it's about where the market is. Dogpiling on growing companies is a proven way to make a lot of money, so people do it, and it's accelerated by index funds. The REAL people supporting Google and Nvidia isn't wallstreet, it's your 401K.
What if all investors don't agree with this article?