Why You Should Focus on Growth Stocks Today

My friend who’s a novice investor asked for advice recently. He was “bargain hunting” for cheap stocks, and trying to decide between buying Kohl’s (KSS) or ExxonMobil (XOM).Q3 2020 hedge fund letters, conferences and moreI cringed. “Listen,” I told him. “You’re thinking about this all wrong.”I get where my friend is coming from. From childhood we’re taught to be financially prudent. To seek bargains and avoid spending money on expensive things.In most areas of life this is smart advice. Drive a reasonable car, live in a reasonable house, book reasonable vacations with your family. But there’s …

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HEDGE accordingly