It’s also funny when you see their performance charted against Warren Buffet’s. Looks like Warren is a rank amateur who knows very little about the markets and buying companies for the right price compared to the likes of Nancy who must be a supreme multitasker and stock picker.
People have been strung up for less than what counts as business as usual in contemporary, rotten to the core, American business & politics.
Not really. Paul Pelosi was a tech investor. If you were heavily concentrated in META, AAPL, AMZN, NFLX, GOOG, etc you should have crushed the S&P and Warren Buffet too.
Famously, Warren Buffet's recent outperformance mostly came from AAPL, which was <1% of his positioning when he put it on. Imagine if it had been several percent! Such were the delights of many tech investors over the last 20 years or so.
I was picking on her but there are dozens of others who outperform Warren by multiples. And ok he’s pretty conservative but even so this chart is pretty damning.
People have been strung up for less than what counts as business as usual in contemporary, rotten to the core, American business & politics.