Osma A@inthehands
1. For the S&P 500 to be overpriced not *everything* indexed to it has to be, just the overweight, over-AI'd tech stocks. A strong enough correction (one is due) will average the entire index down. Investment strategy: underweigh tech portfolio.
2. Post-1950 annual returns may be unattainable because of a second phenomenon Goldman Sachs completely ignores: climate crisis.
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