Submitted by kmtrp t3_z09826 in singularity
-ZeroRelevance- t1_ix6ap7s wrote
Reply to comment by GodOfThunder101 in How to ride the financial wave of the AI revolution? by kmtrp
I’m pretty sure that happened because they primarily invest in growth stocks, and growth stocks are disproportionately affected by market downturns like now. It seems like the economy is recovering again though, so I imagine those growth stocks will likely regain a lot of value in the near future.
TheTomatoBoy9 t1_ix6kpb7 wrote
They made some pretty insane "buy low, sell lower" moves in the last year and a half. More than just the general downturn.
Some of their decisions have been... questionable to say the least
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