19min chapter

The Compound and Friends cover image

The Magnificent 7 Is a Bubble

The Compound and Friends

CHAPTER

The Magnificent Seven: Impressive Valuations and Overlooked Growth Companies

The CEO and CIO of Richard Bernstein Advisors discusses the recent performance of the 'Magnificent Seven' stocks, arguing that while they have impressive valuations, there are many other growth companies that are often overlooked. They also touch on the concept of 'moats' and the cyclicality of certain industries.

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