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Remarkable that the Nasdaq 100 is back to only 5% below its all-time high while ARKK remains 68% below its 2021 top (requiring > a triple to return). So profits and price matter? Consider that only 4 of ARKK’s 30 companies are profitable while only 2 of the NDX’s 100 are not. 1/ pic.twitter.com/Zghqj9xt6u
— Christopher Bloomstran (@ChrisBloomstran) July 29, 2023
What were the most extraordinary comments on the Tesla earnings call? Was it invoking Ben Graham’s Mr. Market as to when to buy or sell Tesla shares (never, or seldom when it comes to selling, except the CEO and his brother) and ascribing Mr. Market to Buffett and not Graham? 1/ pic.twitter.com/cNkEu1gnuT
— Christopher Bloomstran (@ChrisBloomstran) July 25, 2023