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Today Apple, Microsoft, NVIDIA, Google, Facebook and other "Magnificent 7" companies make up a significant portion of any market cap weighted index fund.
For example, Apple makes up about 7% of the S&P 500 today (August 23rd, 2024).
This concentration has many people concerned. And we have had multiple questions from clients about this issue.
In this webinar we look at historical stock market concentration, how the stock market performed during other times of increased concentration, and why equal weighted funds are probably not a good solution for investors today.