THE best way to crush the crowd in 2017? Buy the things everyone insisted would never keep going up.
A portfolio stuffed with allegedly over-inflated assets would have returned more than 120 per cent so far in 2017, trouncing the S&P 500 Index and underscoring the challenge for investors facing a plethora of pricey securities.
The hypothetical Bubblicious portfolio includes Chinese real estate and Internet names, a pair of US tech behemoths, a cryptocurrency fund, the ETF industry, bonds that mature decades from now, and a dash of short volatility bets just to make things more interesting.
The out-performance is a testament to the momentum mania prevalent in today's markets, a dynamic which has...
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