The Halfway Point of 2023
The Dividend Cafe
00:00
The 85% Return of Top 10 Companies
This year's 85% of return from top 10 companies is the highest ever. It indicates a pretty meager amount of breadth across the whole market and yet bubbles forming in certain aspects of the high end, especially in that tech side and AI side. But along the way, a company trading at 200 times earnings, companies that don't even have anything close to earnings or even revenues running up 200%, 300%. These are the things bubbles are made of.
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