They either don't invest (which is kind of being short - except that there is no direct profit if the price decreases) or they chose baskets or investment options that exclude certain things (ditto)
If -- like most people these days -- you invest via passive funds and have an exposure to the U.S. market, you are already massively overweight Big Tech
There are 500 companies in the S&P 500 -- so every company accounts for 0.2% of the 500, but in reality the FANGS and their brethren account for a significant chunk, probably way over 50% (can't be bothered to Google)
So you are already exposed to the winners and the more they win (i.e. gain in market cap) the greater your exposure
I don't recommend single stock investing. We simply don't know how things will play out and for every Apple there is a first mover that didn't go anywhere (MySpace, etc.)
Interested to hear others thoughts?
Very few retail investors short stuff
They either don't invest (which is kind of being short - except that there is no direct profit if the price decreases) or they chose baskets or investment options that exclude certain things (ditto)
If -- like most people these days -- you invest via passive funds and have an exposure to the U.S. market, you are already massively overweight Big Tech
There are 500 companies in the S&P 500 -- so every company accounts for 0.2% of the 500, but in reality the FANGS and their brethren account for a significant chunk, probably way over 50% (can't be bothered to Google)
So you are already exposed to the winners and the more they win (i.e. gain in market cap) the greater your exposure
I don't recommend single stock investing. We simply don't know how things will play out and for every Apple there is a first mover that didn't go anywhere (MySpace, etc.)
I am off to the gym now -- Happy Friday everyone!
I think savings accounts are the way forward tbh (even with stupid tax deductions)
As a young baller I invested hard in single stocks
A completely pointless exercise as just lost cash
Now as a mid 30s baller I only invest in funds ans leave it all to an expert to pick those
So basically what Canute says
I know imaginary internet ballers pick amazing stuff every time and never lose a penny. Seems true
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