Over at Ariadne Wealth in Santa Barbara, Gene Dongieux is pointing out the dangers of concentration in just a few stocks. Perhaps with a nod to the Magnificent Seven, he notes that only about 20% of single-unit equities “outperformed the market over 20 years” from 1927 to 2020. Individual listing underperformed by 7.9% over any 10-year period and only…
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