Investors Who Thought They Diversified Risk By Placing Eggs In Different Realize Their Baskets Are All From One Factory

Shernice軒嬣 2000
03-24


Although the overall U.S. stock market has only corrected by less than 10% so far, the seven major tech giants have already entered bear market territory. Their stock prices have dropped between 17% to 50% from peak. 

Some investors, at the start of the correction, were feeling smart for diversifying their risk, thinking they were clever by putting their eggs in seven different baskets. Little did they know, all seven baskets were from the same factory. 

$Tesla Motors(TSLA)$ $Alphabet(GOOG)$ $NVIDIA Corp(NVDA)$ $Amazon.com(AMZN)$ $Meta Platforms, Inc.(META)$ 

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  • Ah_Meng
    ·03-24
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    [Happy] [Facepalm] [Spurting] [Evil] [Chuckle] Indeed so... well said, so much for diversification for the sake of it...
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  • Ah_Meng
    ·03-24
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    Congratulations to another cash voucher in the bag...
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