Has Warren Buffett Lost his Touch?
This is a new era in stock market investing.
What worked historically in Warren Buffett’s day, may not be the best strategy in today’s market. The billionaire investor sold airlines at the worst possible time, has little tech names in his portfolio and holds onto bank stocks such as Wells Fargo & Co (NYSE:WFC)…
Looking at all the investing strategies a trader could use and comparing them using data for the last 30 years, shows that Buffett’s style of “value” investing didn’t even place in the top 20 strategies for regular traders.
With enough volatility and price cap in the market; day traders and swing traders are now moving markets with momentum.
Written by James West
P.S. Have you heard of the rise of Robinhood? The “no fee” investment app…
The one you could’ve made 556% on Hertz, a “zombie” stock…
Wall Street wasn’t paying attention to ANY of these names… They missed out. Now everyone wants to know.
Where’s the “Robinhood Effect” going to strike next?