Most insto don't have any idea what they are doing and they underperform the USA index... Our endless boring value investors didn't see value during the crash because they are mindless buffet zombies and after all that talk about value, they missed the best value stocks in a decade. Mqg at $70... FMG at $8 what were they smoking to keep selling?
So why listen them now. They are trapped in a time when capital was expensive and you needed eps immediately to function. Everyone can do DCF modelling now and so there's zero Alpha left unless you have vision of the future and invest in things where the known unknowns are badly misspriced by the herd...
Just imagine afterpay with 5 more years of growth.... then grab your balls and cash and get on board.
