Wall Street runs on narratives. When artificial intelligence (AI) started dominating the conversation earlier this year, software stocks sold off across the board. The exchange-traded funds that hold them got dumped wholesale, and the underlying fundamentals had nothing to do with it. Investors who couldn’t separate the narrative from the business got caught in the same exit. That pattern is older than AI, and it runs in both directions.

The advice most investors have heard their entire lives is to spread the risk across everything, buy the whole market, never concentrate, because that’s how you protect yourself from being wrong. The problem is that advice was designed for a different kind of loss than the one that’s been happening.

In this exclusive episode, Louis Navellier, growth investor and founder of Navellier & Associates, joins us to explain how he reads the market when the narrative and the fundamentals are pointing in opposite directions, and what that gap has cost investors who couldn’t tell which one to trust.

Views expressed in this video are opinions of the host and the guest, and do not necessarily reflect the views of The Epoch Times.