Puru reiterated violent volatility between Spring-Autumn timeframe next year.
Puru is very bearish now. He is short ARKK in addition to ARKG and RIVN. He is still long indices.
I didnât short, just raise cash to 50%⌠at this rate, may have go all to cash just like @Jil likes to do.
What is Master Pâs viewâŚ
Consistent with Puruâs view. Is only speculative stocks that are falling now⌠if your stocks are falling now, they are speculative⌠good logic? In my trading portfolio, most stocks are speculative, not good, in fact, some have fell by a lot.
I love QQQ, and have a much larger chunk in QQQ than in crypto. I even have a little in TQQQ, comparable to my crypto stash. I consider both TQQQ and crypto such as BTC/ETH as potentially high risk, high return investments. They both may go up 6-10x in next 10 years, but with many gut wrenching bear markets in between.
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The fin twitter Harley is so happy with his performanceâŚ
he is oblivious that TQQQ trumps his return.
I believe, in a bull market, if you canât beat TQQQ, you shouldnât be doing self-directed investment. I am not able to do so, is why I keep saying trading is for entertainment only. In a bull market, making money is easy, is whether you can beat TQQQ or not. Canât means your strategy and skill level is so-so, nothing to be brag about.
Btw, Beth and Cathie canât beat TQQQ too 
I really want to know who can 
Some lucky crypto folk, WSB, all-in TSLA, all-in SHOP investors and all-in NVDA are able too, but for how long?
In a 10 year time frame, SHOP SE TSLA outperforms TQQQ⌠Both SHOP and SE could eventually be 1000 baggers
Going forward from today, wonder which stocks are able to outperform TQQQ over 10 years
Any stock will outperform TQQQ by 2031, as TQQQ will go BK by then. Like it did in 2008.
There is no free lunch.
You donât agree with my statement?
I have no idea. Could be true. I donât know how TQQQ is run.
Itâs 3x daily return. What is the probability QQQ will go down 1/3 in one day over the next 10 years? Zero?
History of QQQ is not that long. For S&P, on average,
10% drawdown every year
20% drawdown every 5 years
30% drawdown every decade
50% a few times per century
If QQQ is to behave similarly, every decade means⌠soon?
Itâs 3x daily return. So if it goes down 30% gradually over the course of a few months, TQQQ wonât go to zero I guess? Much depends on its trajectory. You can model that in Excel if you really want to geek it out.
A 50% decline means you need a 100% bounce-back just to break even. That problem is magnified with leveraged ETFâs. One big crash can take years or even decades to recover from.
The last big crash is in Feb 2020. Are we expecting another one so soon?
Where are we now?
In denial? Or still in delusion?
Many growth stocks have passed the âNew paradigmâ phase, some feel like is in Despair phase. What are the stocks in the Despair phase? IMHO, ZM TDOC FSLY 
Why not stick to the index based ETFs like SPY or QQQ, instead of gambling on individual stocks and getting into denial or despair. I feel like QQQ offers decent enough risk/reward profile to general public investors, who may not know how to pick individual tech/growth stocks. If you want some excitement, put a small fraction of your holdings into TQQQ.
Youâre funny. I said what I am doing for many dozen time. And you still make that remark. Am I that bad a communicator? All the while, I am talking about the trading portfolio. There is nothing much to say about the first three portfolio, kind of auto-pilot⌠and in fact, IMHO, the right investment approach for multi-generation perspective i.e. intended to be inherited and passed on for generations. Wait, for AAPL, would have to change to S&P at some time in the future.
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Ok, sorry @hanera - looks like your trading portfolio is just a small fraction of your overall portfolio that you use to amuse yourself. Go ahead and have fun!
As a novice we have to learn and ask questions to pro like @hanera. Not give advise on things which a pro already knows! 