Nick Markiewicz, Portfolio Manager at Ellerston Capital, recently sat down with Vishal Teckchandani from Livewire Markets to share his thoughts on one of the most pressing issues in markets today – portfolio concentration in mega-cap tech stocks.
In the article, “Trees don’t grow to the sky”, Nick challenges the increasing dominance of the “Magnificent Seven,” which now represent nearly 35% of the S&P 500. While he’s not calling the top, he notes the risk of overexposure to a narrow segment of the market and highlights the opportunity for investors to look beyond the obvious.
Read the full article here