The XOUT U.S. Large Cap ETF investment philosophy: instead of focusing on picking winners, identify which stocks to eliminate "XOUT". Recent XOUT'ed out stocks are TSLA, JPM, and BAC. David Barse, the founder and CEO of XOUT Capital, says that they seek to identify companies in long term secular decline as a result of technological disruption. He weighs in on the biggest contributors this quarter: Apple (AAPL), Facebook (FB), and Google (GOOG).
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