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The Top Weightedness of the S and P 500
A podcaster put out a chart showing how much of the s and p 500, which are 500 large us. Stocks, was weighted in the top five stocks. It looked like those five companies were 50 % of the index, which is not tue. The concentration in the top 5 stocks over time in the s an p 500 has been pretty flat. Only two percent of wealth management clients tend to be millennial generation.