Bob goes over the S&P 500 and what the “magnificent 7” is. These 7 companies (Apple, Google, Nvidia, Microsoft, Amazon, Tesla, and Meta) are carrying the S&P 500! These stocks make up about 29% of the S&P market cap (all time high). In 2023 the magnificent 7 gained 71% while the other 493 have gained just 6%.

Utilizing the S&P 500 as an investment benchmark is not an accurate comparison anymore. 7 companies are outperforming the other 493 massively but represent the entire 500…

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