Jun 08, 2023
FOMO Alert! Investors are catching the tech fever as the biggest weekly inflow in 25 years floods into the technology sector. The buzz? Artificial intelligence and the stunning results from NVDIA. With the S&P 500 up 11.1% year-to-date, it’s hard not to feel the fear of missing out. But here’s the reality check: If you exclude the magnificent seven tech giants, the S&P 500 would be flat for the year.
At ECP, we take a different approach. While AI presents a real opportunity, we remain prudent and focus on companies with undervalued earning power. It’s all about preserving capital and achieving decent returns for our clients. So, while others chase the hype, we stick to our value-driven strategy.
Join the conversation and share your thoughts on FOMO, tech mania, and the true value of investing. Let’s navigate this exciting landscape together!
Stay informed, stay ahead. Happy investing!