"Outside of the Magnificent 7, the rest of the S&P 500 did nothing."

[yuriyb]

@abesabre S&P's perceived success in the market is largely inflated by unsustainable, wildly outlier stocks in 7 companies as perceived elite returns. When you adjust for the future by bringing down the outlier stocks, it regresses heavily to a slightly above average return.

For those out of the loop

 

[nymichelle]

@yuriyb Yeah here we go

 

[thebodythebride]

@yuriyb Hah, I was out of the loop, and now I'm laughing a little too hard at some of the parody posts in that thread. Fantastic link lol

 

[sinfulme]

@yuriyb Why was his account suspended. I found it funny.

 

[moemoes]

@abesabre Breadth and price data all you need. Had thrusts in Oct low and Jan 2023 been all in since. Don’t listen to media they are not trying to help you

 

[bruins37]

@abesabre 2024 setting up to be a return to the mean year, meaning it would be wise to buy the breadth (Large Value)

 

[p92]

@abesabre Look at affirm and Carvana

 

[jonjones229]

@abesabre The top two are part of the 7…..sooooo which ones have done better? Am I missing something?!?

 

[guoshun]

@abesabre About 145 did better than the overall average, 45 are better than Apple,

 

[outlawingrace]

@abesabre The only way to win the losers game is to not buy individual stocks

 

[twhladyinlv]

@outlawingrace Yeah, just hire an Exchange Traded Fund manager to buy them for you.

 

[johnc2]

@abesabre The M7: boomers need a stock pick that’s not an etf or index. They’re not doing crypto because it’s a “fad.” So they get one pick that they can rave about on the country club links, how they staked 5% of their savings on it and it mooned 40%. They still got bonds too. It is winning though because they make a lot so they got the capital.

 

[omatt]

@johnc2 If I’m not mistaken, a tech heavy portfolio can be hedged with fixed income?

 

[sold4christ25]

@abesabre Still mostly tech at the top of the list, essentially the Nasdaq exchange at the top.

 

[l4legit]

@abesabre I only own 20 individual stocks, and 2 of them are Uber and pulte, and the third is STRL (small cap up 166%). And I bought 3x levered small cap etfs at market bottom a few months ago. It’s been a good year lol. Own blackstone too which is too 20.

 

[ojhn0010]

@l4legit Reddit sure hated that I was bullish on uber back when it was at $30.

 

[l4legit]

@ojhn0010 Ya I bottom fed a lot towards the end of 2022. Uber was a big win, but I def had losses too (I.e., zoom)

 

[holyhippie]

@l4legit How much annual return ?

 

[l4legit]

@holyhippie I beat sp500 by about 1000 basis points this year.

 

[gavinbatsonezoic]

@abesabre Bravo