The financial world passed a milestone in 2024: for the first time, the assets managed by passive investment strategies in the U.S. exceeded those under active management. Against this backdrop, Joseph Attia discusses the shift toward indexing at the cost of active managers’ market share.
Read the article
Nvidia’s recent meteoric rise evokes memories of Cisco’s ascent during the dot-com era. Jeremy Schwartz and Joseph Attia review some similarities between the two and how investors might connect the learnings of history to the present day.
Read the article
Nvidia, the highest P/S ratio stock in the S&P 500, has outperformed the market by a wide margin. Jeremy Schwartz and Joseph Attia discuss the challenges of reaching highest-multiple status and going on to be a long-term winner by way of returns.
Read the article
Recently, Tech stocks have been soaring, stirring up a mix of excitement and anxiety. As questions swirl about whether the outperformance can be sustained, much like how growth beat value for much of the last 15 years, Joe Attia and Jeremy Schwartz discuss the fear that the artificial intelligence (AI) boom may begin to rhyme with the internet explosion and subsequent bust of the 2000–2002 period.
Read the article
