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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts -- Ignore unavailable to you. Want to Upgrade?

To: ajtj99 who wrote (82727)	11/9/2023 8:21:38 PM
From: Sun Tzu	1 Recommendation Recommended By ajtj99 Respond to of 97611

I agree. It is that 1% which will do amazing things. Think about all the crap internet stocks of 1999. Almost all went belly up. But what remained still changed the world in amazing ways. Also, this is not just about AI. There are real advances in genomics and new drug discovery techniques that are radically different. You don't need every company to cure cancer or diabetics. Just a few are enough to lift the whole index. It would have been better if XBI was partially cap weighted. But I can live with it as is too.