If I recall correctly, Mr Bury took a lot of heat shorting RE. I think we go much higher from here, not withstanding a "correction" over a shorter period.
Really depends on your timeframe. If you are just buy and hold there is really no point in jumping ship. If you are shorter to medium term you should get a nice buying opportunity by end of Sep. 10-20% should do it.
%% Or August. Looks like Cathrine Woods will do much better..........................................................
Woods would feel the wrath of a bear even if the markets would drop a simple 8-10%% meaning her funds are so juiced up with risk that a simple 8% correction in the market would send her funds falling 2 to 3 times more.......
%% They're buying ARKF,ARKK.......; dont know about the rest of hers .............................................................................. I lightened up a bit + bought some QLD,UPRO good %% gainers. SEPT sells may change things for most all??
If you are investing for the future most things will recover from crashes so yeah to echo an above comment - it depends on your time frame.
Cathie Wood's investing style didn't change since the inception of her funds. Its the market that changed. Her strategy makes sense long term. Shes running a post-IPO venture fund in a sense. The pandemic accelerated almost every bet she made so she got 10 years of growth in 12 months -- from March 2020 to March 2021. From her Genomics plays to Fintech to Software they all skyrocketed at the same time. If you look at the performance of ARKG, ARKF, ARKK & ARKW they didn't really beat the market much before March 2020. Actually ARKW did outperform QQQ from the bottom in 2016 to Feb 2020 by a lot (250% vs. 150%) but I assume that was based a lot on Tesla.
Males, all males, are basic, primal, creatures. We are concerned with only two things: collecting, generating, resources...and/or reproduction/sex for pleasure. That's a very basic statement, but also incredibly profound how it shapes and moves all aspects of everyday life -- and the market. I have literally been home for the past two/three weeks, alone, no interaction. Today, I went to Walmart...seeing people, walking amongst people, and females...felt so alive and primal.