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#31: Rob Arnott On Engineering A Better Index
Superinvestors and the Art of Worldly Wisdom
The Importance of Quality in Raffy
The average for the top 10 market cap tech stocks in year 2000 is a minus 2% return per annum. The last time we saw this, if you look at the 10 largest market cap tech companies, nine of them underperformed to disappeared entirely. Do I really think I can choose which of the fan mag stocks is actually going to be the one stock that's going to beat the already lofty expectations?
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