'AI Powered ETF' already down 3% vs S&P in less than a month (inception)
- Thread starter truetype
- Start date
Doesn’t say much. The S&P after all is weighted more on the overvalued companies. A smart etf, like a smart investor, would put $ on undervalued companies that eventually realize their value. That’s a strategy so being under is not so bad. Being over would also be curious - on what businesses and is it sustainable would be my questions.
I'm no fan of AI, but a months worth of returns is almost completely meaningless.
GAT
This is how most of the people lost big money, believe under value theory lol
Way too small of a sample to mean anything surf.
Give it 10,000 hours of screen time. Then it will start making money.