Seeking Alpha by Adding Beta

World has started celebrating end of 2020 and start of new year 2021. While 2020 was an interesting year, I am not going to list down all the aspects of 2020 - you can read my previous blogs for that. Let's look at 2020 report card on my predictions and recommendation I made in " 2020! " and make new ones for 2021. 2020 Report Card: Macro Predictions: All the macro predictions were thrown out of the window since start of COVID pandemic in March. Interest rates are close to zero after multiple cuts by Fed, economy went into shortest recession, unemployment is near 7%. Despite all of these, S&P managed to beat my prediction of 3450 by nearly 10%. And Biden not only became nominee but also won well deserved US Presidency. Stock Recommendations: When it came to stock recommendations, I would say I must have gotten lucky since even I did not expect the way sone of the stocks like NIO, ZS, ROKU and even bigger ones like AMZN, APPL, NFLX, MSFT performed. If one had invested

Last month fo 2020 started with Paradox of highs! Here is why I consider it as Paradox: COVID: US daily COVID infections are at all time highs (above 225,000) US daily COVID related death rates are all time high (above 2500) US hospitalizations is over 100,000 - in some regions ICU capacity reaching 85% Many regions are announcing "shelter-at-home" (aka lockdowns) phase Europe is also seeing high number of infections and deaths Asian nations which handled virus quite well (South Korea, Japan) are also seeing increased infections In summary - third wave seems to be lot worse than first two waves and going to get worse before it gets better due to winter and holiday gatherings Markets: All 4 indexes (DOW, S&P, Nasdaq and Russell 2000) reached all time highs on Friday - last time it happened was in 2018 Markets across the world are making new highs  Bitcoin reached all time high; Gold is very close to all time high Even 10 year treasury yield reached 1% (pandemic high) US Ho