Reverse Ponzi Scheme
The Compound and Friends
Navigating the Electric Vehicle and ETF Landscape
This chapter explores the rise of BYD in the electric vehicle sector, surpassing Tesla, and discusses the intricate US-China business relationship amid political tensions. It also delves into the dynamics of exchange-traded funds (ETFs), including the performance of thematic ETFs and novel strategies like 'night ETFs', while highlighting significant shifts in investor sentiment. The chapter further critiques traditional stock classification methods, emphasizing sector-driven performance over geographic location and addressing the darker realities of the finance industry.
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