Buying ServiceNow as current valuations price in negative sentiment, expecting AI utilization.
Source Post
Index Funds Are Broken & Stock Picking is Back | Jonathan Wellum
WealthionApr 22, 2026
The creator argues that the heavy flow of money into index funds and ETFs has led to overvaluation in large-cap stocks within those indexes. He suggests that this creates an opportunity for active stock pickers to find undervalued companies outside of the major indexes, offering better potential for long-term returns by being price setters rather than price takers.
Linked Mentions
Tickers discussed in this post
Holds smaller positions in Apple.
Holds Amazon, liking its business model and long-term ownership.
Carl Alco Corporation is a strong buy due to its consolidating roofing and siding business, fantastic cash flow, and terrific margins, outperforming many tech companies.
Linked Signals
Tracked calls opened from this post
ALCO
buy opened Apr 22, 2026
-3.66%