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Calvasina curiously said she has an "underweight" in tech; Josh Brown said tech is most highly correlated with the S&P and questioned Calvasina's notion of financials picking up the slack. Calvasina said financials have been "very very underowned" by hedge funds, whereas tech is "very crowded."
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You already have a job but are you getting the most out of it? Pretty decent business book. Nice and short, to the point. Some repetitiveness but in a good and much needed way to grasp everything taught. If you've read Rich Dad Poor Dad this is a great compliment to it. If you haven't read Rich Dad Poor Dad I'd advise reading it and then reading this one. I like how Kiyosaki defines diversification as investments in different asset classes as opposed to owning everything withont one asset class and how that can ultimately hurt my investments. Much more effe ...more
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Kelly also mentions the recent report by analysts at Barclays that referred to cryptocurrency as a “virus” and an infectious disease that would “never hit another high again.” Kelly notes that the moment right after such negative articles are published is when he “wants to buy any asset, whether it’s Bitcoin or not.”
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