My first read on this was - Hmm, seems interesting, certainly not 8.5% of my portfolio interesting, but worth looking into. Given just what I’ve read here, I’ll just sit back and watch. If I miss “the bottom” and get in late - so be it. I’m pretty sure I’ve missed the bottom of every investment I’ve ever made.
I just deleted a paragraph I copied from my broker, Fidelity. It was related to the slow down in EVs. I mistakenly posted it here.
Separately, compare this to the write up just about ELF posted by WPR, ELF @ Consumer Analyst Group Conference. IMO, the ELF information seems far more concrete. No AI or bioscience mumbo-jumbo, just very solid marketing information.