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re: What's the Best Tech ETF?

Posted on 3/6/20 at 8:16 am to
Posted by Upperdecker
St. George, LA
Member since Nov 2014
30676 posts
Posted on 3/6/20 at 8:16 am to
Don’t buy ETFs. Michael Burry, the original “Big Short” guy, just came out and said they’re a bubble. Why would you invest in an ETF, which is a combo of good and bad companies, when you can just funnel your money into FAANG or other blue chips?
Posted by ulsaint
Member since Oct 2007
2460 posts
Posted on 3/6/20 at 8:52 am to
quote:

Don’t buy ETFs. Michael Burry, the original “Big Short” guy, just came out and said they’re a bubble. Why would you invest in an ETF, which is a combo of good and bad companies, when you can just funnel your money into FAANG or other blue chips?



ETFs when properly hedged pretty much crush individual stock picking.
Posted by Jag_Warrior
Virginia
Member since May 2015
4181 posts
Posted on 3/6/20 at 11:41 am to
So don’t buy (diversified) ETFs, buy individual equities instead???

If that his advice, I’d jump off his bandwagon faster than I jumped off Meredith Whitney’s.
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