Technology stocks now reflect a record ~25% of all equity fund assets.
— The Kobeissi Letter (@KobeissiLetter) September 5, 2023
Just 8 years ago, technology stocks only reflected just ~9% of all equity fund assets.
Meanwhile, 5 stocks currently account for ~70% of the Nasdaq's gain this year.
Technology stocks have become the… pic.twitter.com/0pAa8tfWzh
A glimpse into the music business (Sony)
https://www.musicbusinessworldwide.com/sony-generated-a-record-3-15b-from-recorded-music-and-publishing-in-calendar-q3-2...