https://archive.ph/CbMRu
I almost feel bad for all these "sensible guys" that buy index ETF under the illusion that it is "diversification".. Meanwhile your ETF is top heavy, you are basically invested 30-40% in cowshit, it's not real, where does the p/e of Nvidia come from? From OpenAI buying 100 billions $ worth of Nvidia chips, which they don't have but got because Nvidia invested 100 billion in OpenAI.
Everyone posting strong earnings, meanwhile it is themselves that is buying this earnings through proxies, on the leverage of their inflated shareprice, which all the boomers and sensible guys keep force buying through their shitty ETF that is constantly autobalanced to have an increasingly higher % of cowshit eaters.