Wait what?
No......it means you are making a bet on MACRO level trends rather than individual companies.
And a lot of managers aren't as smart as they think they are, while many of the ones who actually are that smart allow their own opinions and biases to get in the way of analysis.
No......it means you are making a bet on MACRO level trends rather than individual companies.
And a lot of managers aren't as smart as they think they are, while many of the ones who actually are that smart allow their own opinions and biases to get in the way of analysis.