True, but I don't think it will better for the majority of managers. The last decade has seen a steady movement to growth oriented stocks thanks to their outperformance for so long. Even steadfast value oriented managers had to succumb and but into a lot of hype - as they couldn't afford not to. In the last 6 months, the market has seemingly turned its nose at tech and anything selling a pipe growth dream. I don't think anyone, but a select few, predicted how quickly sentiment would change. Look at Afterpay for instance - market darling - to piece of junk incapable of profit.
MFG Price at posting:
$15.25 Sentiment: None Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)