I'm by no means a fan of meme or hyped tech stocks on outrageous P/E ratios, but using monthly figures to suggest there is some kind of "unravelling" occurring is nonsense.
Bitcoin regularly has returned hundreds of percent over a twelve month period. To knock a bad monthly return in a highly volatile asset that mostly endures upside volatility is outrageous enough that even you'd know with a little self-reflection it doesn't make sense.
Interesting though that value investors of the stock market all of a sudden become day traders when it helps their point.
Meanwhile the Global fund underperforming by 3% on the 3 month. Something tells me you're not going to acknowledge this as relevant to the long term investor, you're also probably not going to be throwing around stupid terms like "unravelling" to rhetorically force a point that doesn't make sense.
I'd HIGHLY recommend not turning this investment into a centre for cultism for the sake of your emotions.
The reality is either Hamish heavily ups the risk profile of the fund to create outperformance, or continues underperforming until this is a 10b fund, not a 100b+ fund.
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1 | 48 | 10.680 |
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Price($) | Vol. | No. |
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