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Table one is particularly interesting. I have found Leibowitz to be very thoughtful and insightful, and free!
He references Jeremy Siegel's article years ago, proving ( Siegel says) that even getting in a the peak, you made money in Nifty Fifty, as long as you held on ( for dear life!)
Hussman has a new "special edition" piece reiterating his previous concerns about valuations. He sounds so logical, but the differences between the portfolios of HSTRX and HSGFX could not be more extreme.
Nifty Fifty became a bad term in the US that is now reserved for speculative fever in the stock market. And Magnificent 7 (or 6) is an extreme play on that previous extreme.
Repurposing words is an interesting cultural phenomenon where many words have been repurposed with completely different connotations than their original meaning or use.
Comments
But Nifty 50 has been deployed for normal use elsewhere, e.g. India Nifty 50 Index ^NSEI (ETF INDY),
https://finance.yahoo.com/quote/^NSEI/
Repurposing words is an interesting cultural phenomenon where many words have been repurposed with completely different connotations than their original meaning or use.