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ISRG - BOTZ: Looks Great In The Window But Won't Take It Home
Intuitive Surgical Inc.
One of the fastest growing types of investing over the last 5 to 10 years has been thematic investing. In particular, I am talking about thematic ETFs.
A few weeks ago, I wrote a primer on exchange-traded funds, "What Are Exchange Traded Funds?" In that article, we touched upon the history of ETFs and how they have evolved through marketing to keep bringing new assets under management.
One of my biggest criticisms with such investments, in particular, is that generally speaking, ETFs are designed to be trading vehicles. They are not designed to