This week Howard and I discuss what “Technology” actually means. With companies like Google, Amazon and Facebook representing ZERO PERCENT of the Technology Index, people continue to group them into Tech regardless.
Is that right? Should we ignore Dow Jones and their weightings? Or is it important to acknowledge which stocks are in these indexes and which ones aren’t?
When asked about underperformance from Europe and Emerging Markets, Howard says “I filter the world to only see what’s working. I’m all about investing for profit and joy, not misery and pain”
This was a fun chat.
Here’s the video in full:
Check out some of our past episodes:
The Next $100 Billion Companies
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