Mate the reason why tech has plummeted is because of the "risk-free rate" increasing in valuation models. This is exaggerated for high PE tech stocks that are priced for future earnings...
Not because expenses go up lol! Capital efficient businesses like Z1P don't lose half their value because interest rate payable to warehouse funding facilities goes up 50 basis points.
This is NOT what hedgefunds are bombarding the market with. I dont know where you get your info from and your false sense of expertise but if it's from a screaming guy on youtube I'd recommend finding other sources to learn from.
I bought Z1p today. Was it a good idea? 10 yr bond., page-4
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