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Technicals Say Everything Rally Is Now Underway, Bill Smead Says Large Cap Tech Is a Ticket to Purgatory, Buffett Gets Cautious

The Compound and Friends

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Historical Perspectives and Market Concentration

The chapter explores historical stock market cycles, drawing parallels between past market peaks and the current scenario. It discusses the cyclical nature of markets, shifts in investment strategies of renowned investors, and challenges viewpoints on market analogies by highlighting industry performance. The conversation delves into market concentration, tech giants' risks, potential outcomes of antitrust battles, and the challenges of concentrated investments.

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