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Here’s how it usually works:
What
Why
How to do it
How does it work
What to do
How
Here’s how it usually works:
What
Why
How to do it
How does it work
What to do
How
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.