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Is Broadcom Inc (NASDAQ:AVGO) the Best AI Stock to Buy According to Billionaire Ken Fisher? [Yahoo! Finance]
Last broadcom inc. earnings: 3/12 04:15 pm
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US:NASDAQ Investor Relations: investors.broadcom.com
Billionaire Ken Fisher regularly shares his investing wisdom on his YouTube channel, sharing market insights and lessons he's learned over the decades. Commenting about the Fed's rate cut, Fisher recently advised investors not to focus on what the central bank is doing and instead pay attention to long-term investing. “The fact is, and I've said this for a long time, I won't live forever, but I hope to live a long time and keep saying it: central bankers are crazy. Throughout my life, central banks have operated on flawed ideas and groupthink, which is an inefficient way to manage markets.” Fisher gave an example of how you could end up losing money following the herd mentality when it comes to central bank moves. “If you had followed the common belief that when the Fed and other central banks hike rates, you should get out of stocks, that would have worked for a couple of months in 2022. By the middle of the summer of 2022, during the height of rate hikes, you would have been
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