Comment on Peter Thiel dumps entire Nvidia stake, slashes Tesla holdings amid bubble fears

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UnderpantsWeevil@lemmy.world ⁨5⁩ ⁨days⁩ ago

I hope your 401K is diversified

When the MAG7 makes up half the S&P 500, its hard to get away from. Even if you somehow manage to avoid holding a big tech company (or a company that’s predicated on the spending of a Big Tech company), a downturn will force cascading sell-offs.

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