12-13-2021, 09:40 AM
(12-13-2021, 09:08 AM)fenders53 Wrote: I am more amazed (perhaps alarmed), by the concentration of wealth creation in a half dozen stocks right now. I am hopeful it doesn't end in the manner the Nifty 50 did. Fifty doesn't sound like a bad number right now. The FAANG+ M etc have sound business models so perhaps the market has time to re-arrange the market cap some over time.
For those Unaware
(*1969-1970 Forgotten Bear)
The implosion of the Nifty Fifty stocks alone wiped out all the gains of the previous seven years.
- Scoot