Hi, Shrewd!        Login  
Shrewd'm.com 
A merry & shrewd investing community
 Best Of BRK.A | Best Of | Favourites & Replies | All Boards | Post of the Week!
Search BRK.A
Shrewd'm.com Merry shrewd investors
Best Of BRK.A | Best Of | Favourites & Replies | All Boards | Post of the Week!
Search BRK.A

Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A)
Unthreaded | Threaded | Whole Thread (6) |
Author: mungofitch ✹🐝🐝🐝🐝 SILVER
SHREWD   😊 😞
Number: of 15061 
Subject: Re: OT: S&P and the "New Highs" narrativ
Date: 10/30/2024 4:13 PM
Post New | Post Reply | Report Post | Recommend It!
No. of Recommendations: 20
So then I had another thought. What about _just_ the top 10 of the S&P500, in proportion to their wright?

Did you try that in the decades prior to, say, 2015?
e.g., top 5 by market cap equal weight 1986-2012 inclusive underperformed the cap weight S&P by a rather remarkable 4.0%/year.
Just because something has been observed a lot recently doesn't make it a law of nature : )

I'm not saying the super-giga-caps are a bad bet right now. Who knows? It's only a few firms, and they have their own idiosyncratic futures.

But I'm very confident that they aren't a good bet today just *because* they are the super-giga-caps. Historically, if you know nothing else, that's a group that's a bad bet. If something is both very big and overvalued, that's where it will be found.

Jim
Post New | Post Reply | Report Post | Recommend It!
Print the post
Unthreaded | Threaded | Whole Thread (6) |


Announcements
Berkshire Hathaway FAQ
Contact Shrewd'm
Contact the developer of these message boards.

Ticker or Board Name Author

Best Of BRK.A | Best Of | Favourites & Replies | All Boards | Followed Shrewds