2023 is year of Magnificent 7

I was listening to a podcast and this chart was presented there, It is stunning. When you had below market allocation to Mag 7, beating index is extremely challenging. I know Mag-7 had a great year, but when I plotted that against my holding of Mag-7 and my return, it feels silly that I was so under allocated and fighting the market. Live and learn.


The below charts shows performance of Mag-7 vs QQQ. The performance of NVDA and TSLA are unbelievable. It hurts that I have not invested in these names and generally so low in Mag-7 is strikingly silly.

1 Like