I found this the most interesting part of the whole essay - "the ten largest companies in the S&P 500 have so dominated net income growth in the last six years that it’s becoming more useful to think about an S&P 10 vs an S&P 490" - which then took me here:
https://insight-public.sgmarkets.com/quant-motion-pictures/o...
Can anyone shed light on what is going on between these two groups. I wasn't convinced by the rest of the argument in the article, and I would like something that didn't just rely on "AI" as an explanation.
Can anyone shed light on what is going on between these two groups. I wasn't convinced by the rest of the argument in the article, and I would like something that didn't just rely on "AI" as an explanation.