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Posted on 3/4/21 at 2:08 pm to wiltznucs
If it keeps sliding, really be really interesting to see what happens at 100
Posted on 3/4/21 at 2:27 pm to truthbetold
Lol there's no liquidity below $100
Posted on 3/5/21 at 1:44 pm to wutangfinancial
I capitulated this morning.
Posted on 3/5/21 at 2:09 pm to wiltznucs
quote:And I think it's one thing to not be profitable, or have a really high P/E ratio, it's another thing to have negative or barely positive cash flow and price to sales ratios that would be pretty high as P/E ratio.
but, the fact is the companies in much of ARK’s portfolios are not profitable. Many aren’t even earning revenue at all.
Looking at some her funds, Tesla, Teladoc, and sometimes both are the biggest holdings in the fund (like 10% each). I wouldn't be surprised if they are some of companies with the more reasonable valuations from a fundamental perspective, and they have P/S ratios at 20+ and P/FCF at 250+.
Posted on 3/7/21 at 10:38 am to truthbetold
A 50% correction in a fund that’s taken off like this one is certainly possible, that would be at around $80. For long term investment, $100ish probably isn’t a bad place to buy. I wouldn’t expect it to get back to the 150-160 range as fast as it got there though.
Posted on 3/8/21 at 4:41 pm to CajunTiger92
Down another 7% to $110 today...
Posted on 3/8/21 at 5:39 pm to CajunTiger92
I'm not really sure why any of y'all use her funds TBH. Just buy the securities she's exposed to yourself. You don't have the added redemption risk that weak handed Cathie/Tesla cultists do. Passive liquidity issues work in both directions.
Posted on 3/8/21 at 6:17 pm to wutangfinancial
quote:
I'm not really sure why any of y'all use her funds TBH. Just buy the securities she's exposed to yourself. You don't have the added redemption risk that weak handed Cathie/Tesla cultists do. Passive liquidity issues work in both directions.
There’s value in index investing. It allows you to invest in a group of stocks at a much lower price point than buying shares individually.
I also believe that there’s value in paying a premium to a portfolio ran by talented fund manager. Especially one that through talent or luck happens to outperform the market by some instinct or knowledge of future events.
Alas, therein lies the problem. History shows that as a species humans are terrible at predicting the future. Three decades ago the media was sure that we were heading into another ice age. Now they are convinced that the Earth is going to meltdown. For decades it was widely thought that the US’s geographic location and immigration system would prevent international terrorism. Then three airliners were flown into NYC and DC on 9/11.
There’s been numerous hot fund managers throughout history. Unfortunately; the data shows most of them return to the median and in many cases crash and burn.
Only time will tell where Woods falls into all of this.
This post was edited on 3/8/21 at 6:19 pm
Posted on 3/8/21 at 6:46 pm to wiltznucs
You're falling for multiple fallacys about passive investing and indexing. You even admit to two of them in your reply.
Posted on 3/8/21 at 7:25 pm to Ooh Wee Ooh
I put a little bit into the Israel Innovative Technology Fund just to see how it does.
WIX is basically a front company for the Mossad. They aren’t going anywhere.
WAPO Link
WIX is basically a front company for the Mossad. They aren’t going anywhere.
WAPO Link
This post was edited on 3/8/21 at 7:32 pm
Posted on 3/8/21 at 10:39 pm to Ooh Wee Ooh
I keep buying in
Long term hold so everything is fine meme lol
Long term hold so everything is fine meme lol
Posted on 3/9/21 at 6:51 am to thelawnwranglers
I'm continuing to average down. Cannot beleive I am getting ARKK at these prices.
Posted on 3/9/21 at 11:36 am to Barrister
I ran out of $$ to average down, but I averaged down a good bit which is great.
Posted on 3/9/21 at 1:38 pm to GREENHEAD22
I reloaded 120 also. Glad I didn't wait for 100.
This post was edited on 3/9/21 at 1:40 pm
Posted on 3/9/21 at 2:04 pm to Barrister
quote:
I'm continuing to average down. Cannot beleive I am getting ARKK at these prices.
I know what you’re saying given the run up in mid February, but you’re getting ARKK at early December 2020 prices when it was already up 133% for the year. It’s a discount from some pretty incredible highs.
That being said, I picked up TSLA at 595 on Friday. I don’t feel great about it, but it’s working out so far.
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