Shocking stat of the day:
Working Americans now allocate an average of $2,358 per year into the Magnificent 7 stocks.
This comes as 71% of 401(k) contributions, totaling $8,580, are going into equities, according to Apollo.
Meanwhile, the Magnificent 7 account for almost… pic.twitter.com/2arwU9RXrG
— The Kobeissi Letter (@KobeissiLetter) October 15, 2025
Addressing Charlie Mungers lost decade warning and Warren Buffett’s crash alert in 1999 and how this all relates to 2025.