The Wall Street Charlatans Are Out in Force

Published on January 4, 2024

Commentary The turn of the year brings familiar things. Everyone goes to the gym and makes resolutions to try and create habits to benefit their life. Every year, Wall Street charlatans pepper the airwaves and business channels with advice on how to get rich quick. One of the seven deadly sins is envy. The Wall Street charlatans prey on that sin all the time and especially at the beginning of the year. Last year, the Nasdaq QQQ Index was up 54 percent. The top five stocks of 2023 were: Apple, up 258.1 percent Nvidia, up 227.57 percent DraftKings, up 254.74 percent Vertiv Holdings, up 234.57 percent Palantir, up 218.31 percent At the beginning of 2022, who picked them? Virtually no one. If you were at home and threw darts at a dartboard, you might have had a better chance of picking those winners....

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