Oktay Kavrak, CFA on LinkedIn: #stocks #funds #investing #bigtech #faang
What diversification? The Magnificent 7 now represent 30% of the S&P 500’s market value - close to the highest-ever share for any seven stocks. Performance…
LinkedInOktay Kavrak, CFA

"What diversification? The Magnificent 7 now represent 30% of the S&P 500’s market value - close to the highest-ever share for any seven stocks.

Performance this year:

• Magnificent 7: +75%
• Remaining 493: +12%
• Entire S&P 500: +23%

But surely investing in a global index should be better?

Then check out the 'MSCI Inc. All Country World Index' - which covers about 85% of the global investible equity market.

The weighting of the Magnificent 7 is larger than all of the stocks from:

- United Kingdom
- France
- Japan
- China

... *COMBINED* 🚨

What happens if the 'AI' narrative dies down?"

| (via WSJ)

#stocks #funds #investing #bigtech #faang