In a recent article GMO noted that more than half of U.S. Growth stocks have negative earnings, yet Growth stocks have dramatically outperformed in the past few years. Please click on the link below to read the original article.
Chart 1: % of Russell 3000 Growth Stocks with Negative Earnings
https://fintaxgroup.com/wp-content/uploads/2021/10/Growth-Bubble_10-21.pdf