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

[spraynardkruger]

@abesabre You might as well rename the the best 100-200 performing companies in SPY500 as "California Index". Fucking Alabama lmao...Keep waving your loser flags.

 

[charles_darwin]

@abesabre Let them be dumb. Shhhhh

 

[skypilottexas]

@abesabre huh ok interesting

 

[lovelywife3]

@abesabre Pffft. What’s 60%

 

[claire_]

@abesabre OP is this you?

https://64.media.tumblr.com/8444c6be48750ec0513a0c7559fa9181/tumblr_mpakh6Fdg91rm5g67o1_500.gif

 

[christianandy]

@abesabre Stock markets always have been and likely always will be driven by extreme outlier tail events, this is covered in “The Psychology of Money” book. Everyone increasing out as if this hasn’t been how things work as long as we have data for.

 

[praylove]

@abesabre Doubt it is going to change much in 2024. I see it being a big year for much of the magnificent 7.

Specially Google

 

[velveteyes79]

@abesabre Thanks to November/December

 

[omatt]

@abesabre Thank you for posting this. I saw the title and was preemptively rolling my eyes

 

[iniabasi]

@abesabre Well this is why you invest in index funds

 

[thehallelujahhollerer]

@abesabre | I'm going to eat my own eyeballs if I read this one more time.

The Corinthian has entered the chat.

 

[scrooge]

@abesabre Damn, 2023 has been an excellent year for stocks overall.

 

[samalematina]

@abesabre So….buy a SP500 fund? Got it

 

[resjudicata]

@abesabre Now, subtract out the ones that acquired debt to buyback shares.