⭐️The Magnificent Seven stocks drive 83% of the S&P 500 returns.
🚀Valuation for these stocks doesn't follow normal rules.
💼Consider small-cap, emerging market, and quality dividend-paying stocks for diversification.
🌱EVs and AI will continue to drive growth in 2024.
🤔Buyers should be cautious about overexposure and recency bias.
What percentage of the S&P 500 returns do the Magnificent Seven stocks drive?
—The Magnificent Seven stocks drive 83% of the S&P 500 returns.
Do valuations for the Magnificent Seven stocks follow normal rules?
—Valuation for these stocks doesn't follow normal rules.
What other stocks should be considered for diversification?
—Consider small-cap, emerging market, and quality dividend-paying stocks.
What sectors will drive growth in 2024?
—EVs and AI will continue to drive growth in 2024.
What should buyers be cautious about?
—Buyers should be cautious about overexposure and recency bias.
00:00The Magnificent Seven stocks drive 83% of the S&P 500 returns.
01:09Valuation for these stocks doesn't follow normal rules.
04:16Consider small-cap, emerging market, and quality dividend-paying stocks for diversification.
05:30EVs and AI will continue to drive growth in 2024.
03:51Buyers should be cautious about overexposure and recency bias.
