It’s a new year and Paul finds a timely essay in the WSJ called “Why We Can’t Stop Longing for the Good Old Days”. Most people think the world is worse now than it was 50 years ago. After all of the innovations that increase our quality of life, Paul talks about what causes people to long for the “Good Old Days” and how these ideas are the same things that cause confusion in investors. For more information about what we do or how we can help you, schedule a 15-minute call with us here: paulwinkler.com/call.
The Ark Innovation ETF (ARKK) grew almost 160% in 2020, causing many to crown its owner, Cathie Wood, the next Warren Buffett.