For BAB L/S. If like right now high beta is losing very hard and your longs are slightly down to flat so you outperform. If you were beta neutral, beta slowly shifts up. Should you 1) press shorts, 2) cut longs, 3) do nothing, accept positive beta because downturn buy the dip.
Really glad I don’t have any $SOXX exposure. But I don’t like to dance on people’s grave and instead look humbly for opportunities in painful periods. However, my prices looking to buy are still quite far away.
@TanselKayaTR@MikeFritzell Dumb premise. 7 the coolest prime number. If you ask LLM’s “cats or spiders, pick one” it will pick cats. Then conclude. LLM’s don’t understand ecosystems because spiders are crucial for the ecosystem. We can’t let LLM’s take over any important tasks!!!‼️🤡
Mind you bars and cafes pay the lowest wage of any job in the Netherlands by a wide margin. They have a lot of bankruptcy’s to go before they can survive again.
There is no pure play bar/cafe operator in the Netherlands. But yeah I’m just gonna mentally short it because they suck. Labor shortage means wages have to go up or there are more shortages. Both are bearish. Nobody equipped to be ready for this. Change is already happening.