"Fundstrat Capital's Tom Lee has a history of maverick market prognostications that have ultimately been proven correct, and has crystalized his unusual approach towards stock selection by "putting his money where his mouth is" and launching the Fundstrat Granny Shots US Large Cap ETF. Entering only its tenth month of operations, the Fundstrat Granny Shots US Large Cap ETF has already seen inflows of over $2 billion"
"Tommy Lee is notorious for his hedonistic lifestyle, his leaked X-rated video with ex-wife starlet Pamela Anderson, and his manic drumming with the iconic heavy metal band, Mötley Crüe, which legitimized its style of music with multi-platinum record sales and sold out concerts around the globe. However, another Tom Lee has established a comparable trailblazing career in the financial world, and his two decades as a Wall Street analyst has led his firm to issue one of the most innovative ETFs to date:"
Capital appreciation often involves accepting higher risk for higher returns, with standardized selection protocols favoring volatile small-cap stocks over large-cap S&P 500 stocks. Fundstrat Capital's Tom Lee has a track record of maverick market forecasts and deployed an unconventional approach by launching the Fundstrat Granny Shots US Large Cap ETF. The ETF reached its tenth month with over $2 billion in inflows and an over 18% year-to-date return, per Trading News. The "Granny Shots" name references an underhanded free throw that is unattractive but effective, signaling a contrarian, performance-focused large-cap strategy under symbol GRNY.
Read at 24/7 Wall St.
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