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Why investing in big tech could be a big mistake

On The Money

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Is the Era of Dominance for Tech Stocks Over?

Teddy Smith has been buying technology shares to take advantage of the share price falls that have materialized over the past year or so in response to increases in interest rates. He would describe them as quality businesses rather than speculative technology. Felix: If you look through history, it's very rare that stocks can dominate for a period of time longer than a decade. And I think that's where we are right now with these stocks. The fundamentals of these companies are already deteriorating quite significantly. So there's still a lot more selling still to come.

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