'AI Powered ETF' already down 3% vs S&P in less than a month (inception)

Discussion in 'ETFs' started by truetype, Nov 11, 2017.

  1. truetype

    truetype

    aieq.png
     
  2. Doesn’t say much. The S&P after all is weighted more on the overvalued companies. A smart etf, like a smart investor, would put $ on undervalued companies that eventually realize their value. That’s a strategy so being under is not so bad. Being over would also be curious - on what businesses and is it sustainable would be my questions.
     
  3. I'm no fan of AI, but a months worth of returns is almost completely meaningless.

    GAT
     
  4. This is how most of the people lost big money, believe under value theory lol
     
    timergooff and lawrence-lugar like this.
  5. Buy1Sell2

    Buy1Sell2

  6. newwurldmn

    newwurldmn

    Give it 10,000 hours of screen time. Then it will start making money.