Very interesting chart in this article.
I only own the Magnificent 7 through my investment in index funds which make up about 30% of my portfolio, so my exposure is low (less than 10% of my overall stock holdings).
intercst
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An index that leaves out the seven high-flying tech firms — call it the S&P 493 — reveals a far weaker picture, as smaller and lower-tech companies report lackluster sales and declining investment.
Sounds like the Pareto Distribution on steroids.
Put another way, Increasing vs. Decreasing Returns.
The Captain
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