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Why Is It Getting Dumber?
The Compound and Friends
The S and P 500
Energy is a really good example of that. It literally spent ten years shrinking in terms of its size in the index, so much t we one to five, by the way, right? So much so that it went up forty %, and is still under five percent of the indes,. inexim what is interesting though is that, like these five big names, five, six, whatever, are like forty prcet of the cues. But i think prior to this, it was very difficult to foresee these names being in a 30 prcent drawdown, bisically, all of them, not apple. The average networth of people, or the number that they think is high
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