Register and share your invite link to earn from video plays and referrals.

Ren
@ren_stocks
Investing into the AI buildout āš”ļø 308% YTD Head of AI | Product Manager #79# Bestseller on Substack Finance. Subscribe on X or on Substack to get Discord access
Joined November 2020
132 Following    54.9K Followers
Call me surprised. I’m making a shopping list for the coming week and I found that after Thursday's brutal drop, the Nasdaq ($QQQ) has outperformed the S&P 500 ($SPY) by just 9 points over the last FIVE years. +66% vs +57%. That's barely more than 1 point a year, for the part of the market that's supposedly in a bubble. And you think we're in a bubble? šŸ’€ Tech is trading at 17x forward earnings vs 18x for the S&P 500. It's cheaper relative to the market than it's been for most of the last decade.
Show more