Since tech & nearly everything else rolled over late last year I've listened to countless talking heads comment on what sector will lead once the bear market passes. And a recurring theme is 'not tech'.
Most of the arguments boil down to mega-tech had a great run… but those times are over – the magic won't work in an unfriendly-fed landscape.
My own opinion is that mega-tech will absolutely continue to work – and at a minimum will co-lead with whatever else rises to the top.
Those behemoths have spent years building mountains of cash and IP that hasn't even seen the light of day yet. Books so spotless they make accountants blush.
I'm not saying it's going to be as 'easy street' as recent years – but I've rebalanced my own portfolio to increase the weighting of GOOG/L, MSFT, AMZN & AAPL (in that order) as I have full confidence that mix will continue to beat the S&P.
Just curious what this sub is doing with tech (including ETFS like QQQ) as we move into this next 'era' of investing.
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