High Beta Trash Bloodbath
Market starts to differentiate! Good!
ARKK high beta trash down 9%. Do not get me wrong there are good companies in the fund, but they are bad stocks because they are simply too expensive! Have a look at SNOW, friends from my work with them on projects and it’s a great software, but they still have Price / Sales of 79 and should have a Price / Sales of 5! So still a ton of room to go down!
S…
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