How to build an anti-meme portfolio
1. Meme stocks often rise and fall rapidly based on social media interest. 2. The Roundhill Meme ETF closed with a 30.5% loss, reflecting lack of investor interest. 3. Quality stocks have historically outperformed junk stocks by 7.7 annualized percentage points. 4. 17 out of 20 current meme ETF stocks have negative earnings. 5. The average price-to-sales ratio for meme stocks is severely inflated compared to S&P 500.