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The Magnificent Seven. Driving Force Behind S&P 500 Returns

The Magnificent Seven. Driving Force Behind S&P 500 Returns

📈 In 2023, the 'Magnificent Seven' (Apple, Microsoft, Alphabet, Meta, Tesla, Nvidia, and Amazon) generated a 76% return.

📊 The remaining 493 companies in the S&P 500 generated only an 8% return in the same period.

🗓️ In 2024, these seven companies generated a 48% return, compared to 10% for the other 493.

⚠️ ETF investors should understand that recent S&P 500 returns are largely due to these few companies, not the entire index.

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Warren Buffett Sells S&P 500 ETFs. A Shift in Strategy?
SPY

Warren Buffett Sells S&P 500 ETFs. A Shift in Strategy?

💼 Warren Buffett has completely sold his positions in two S&P 500 ETFs, VOO and SPY.

📉 Although the positions were small (0.02% of his portfolio), it signals a preference for selecting individual stocks.

🤔 This move suggests Buffett may prefer to focus on companies with better valuation or quality metrics than the overall S&P 500 index.

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Warren Buffett Sells S&P 500 ETFs. A Shift in Strategy?
VOO

Warren Buffett Sells S&P 500 ETFs. A Shift in Strategy?

💼 Warren Buffett has completely sold his positions in two S&P 500 ETFs, VOO and SPY.

📉 Although the positions were small (0.02% of his portfolio), it signals a preference for selecting individual stocks.

🤔 This move suggests Buffett may prefer to focus on companies with better valuation or quality metrics than the overall S&P 500 index.

Read more!