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Open original source ↗75% of the S&P 500’s earnings have been AI since late 2022. And this person thinks the S&P is actually diversifying your risk to sandwiches in a meaningful way. 💀
Fwiw, Subway is not even in the S&P 500.
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These are the quoted author’s words.
People really need to stop thinking about 5% yields over 10 years or 30 years. Even the inflation of my $SUBWAY sandwich has gone up like 12% a year. Today it was like $20 after tax, when it used to be like $5… 12 years ago. The best way to keep up with inflation of the things that matter, like Sandwiches, is equities like $SPY.
aleabitoreddit ↗