MarketWatch
US · 2 hrs ago
✦ 75◉ Centre
Bill Ackman sees investors repeating a mistake of 2000: Flocking to the ‘new new’ and ignoring quality names
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Quality 75/100
Partisan intensity 35/100
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◉ Centre ✓ Fair headline
Bill Ackman warns that investors are repeating early-2000s mistakes by chasing trendy new sectors like chip stocks while overlooking established Big Tech companies such as Microsoft.
Bill Ackman sees investors repeating a mistake of 2000: Flocking to the ‘new new’ and ignoring quality names
Billionaire hedge-fund manager Bill Ackman says investors are ignoring Microsoft and other Big Tech names for the sake of the “new new thing,” like chip stocks.
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