Does the proverbial safe stock really exist? Do stocks REALLY only go up??
Two years ago I wrote a Rufus piece on the “Quest for the Safe Stock”…explaining how it doesn’t really exist and how the rush into Big Tech could boomerang. It was a tribute to my buddy
who is now a newsletter writer himself with a massive following.If you are into Big Tech/Passive Investing, you should read it:
Since then I continued to follow the Big Tech darlings with more pieces on Apple and Microsoft. Apple did indeed peak right around the time I wrote the Rufus piece, but Microsoft has been propelled higher by the Hyperscale/AI trade.
In this ~3 minute voice note to self I share my thoughts on the Mag 7 and touch on the trades that make up the overall Mag 7 trade.
Note that these voice notes are indeed as authentic as it gets and not pre-planned. Hence, I forgot to talk about META!
Next up on Philoinvestor: Working on Downside at Google! — paid search dominance, monopoly power, antitrust cases (plural!), cloud competition and more.
Sincerely,
Philo 🦉
P.S. I know many of you are new here so feel free to visit Binge on Philo to navigate yourself around my content.
Not interested in the "Magnificent Seven"