The funny thing is, the fund's drawdown is already comparable to a bear market, yet they're still clinging to what they call 'value investing' while warning about an AI bubble. They missed out on AI and at the same time suffered massive losses from their so-called 'value investing.' So when the AI bubble bursts again, will these so-called 'value investments' really bounce back? They've already missed multiple opportunities to pivot earlier—basically just big-time bag holders. Stuck on value investing, unwilling to cut losses, and blind to the big AI trend.