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Episode 039: Barry Ritholtz, host Rick Ferri

Bogleheads On Investing Podcast

CHAPTER

The Stock Market Is Cap Weighted

The big six, the fang or ann what you call em, now that a facebook is meta, are like 25 % of the s and p 500. You look at airline stocks, they're less than a percent. Hotel stocks, they's less than a %. Even the arthe the vertically integrated energy companies, because gasolene sales down, even those stocks are like one or two%. If you eliminated the bottom 50 sectors from the s an p 500, it was almost irrelevant to the entire value of the s n p 500. It turns out the market is perfect for people who want to bury their heads in the sand when things aren't going well. Burying your head

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