“The S&P's least-crowded half catches up as the mega-cap concentration that passive money pumps mean-reverts, rewarding the names a market-cap fund underweights over the coming decade.”
“we're destroying the S&P 500 and the NASDAQ because over time, what we're doing is we're putting companies in later and later and later at higher and higher valuations. And it's going to well, investors are going to pay the price over the next 10 years”
Prices are point-in-time snapshots from the named provider. The verdict compares the return since entry against the band above.