Those in need of help never get it; help flows to those who don’t need it.
Buffett’s logic is to only invest in cash cows—companies that have a monopoly and can pay stable dividends.
Cathie Wood’s logic is to invest based on dream valuations. It echoes that Bible verse: “For to everyone who has, more will be given, and he will have abundance.” She pours all her capital into just a handful of select tracks.
This is the way of heaven: it takes from those who have little and gives to those who already have much.