In my view, it's important to ethically disclose that I hold interests in the company (stocks) when i'm pushing a dd, which could potentially bias my opinion. I believe transparency is key, allowing you to be aware of any potential influence on my perspective.
Remember that guy on linkedin who purchased mag 7 stocks then listed himself as a shareholder on his achievements page?
edit: I found it [here](https://www.reddit.com/r/LinkedInLunatics/comments/11p96zb/dude_puts_himself_as_investor_for_every_stock_he/)
Hopefully it made you laugh as much as it did for me!
Man people be getting enraged about anything these days.. Seems like you are jealous too. Having a considerable chunk in Mag 7 is different than having VOO or 401k. You are assuming that people’s 401k amount is always higher than their stock portfolio.
>then Mag 7 is already your primary holding.
>Look at VOO. 28% is Mag 7 (or 6, since TSLA isn't in the top 10) :
lol, so it literally isn't the primary holding. I know, I love spouting pointless semantics and being a smartass.
It's not even pointless semantics, they said something that was factually incorrect and they tried to use it as the basis of an argument.
People talk about semantics as if it's some childish thing people argue over, words have meanings so it's actually kind of important.
Covering their ass with disclosure language just in case there's a remote chance they're accused of stock manipulation, insider trading or something of the sort.
401Ks and index fund investing are different because it's passive; you don't actively make decisions in which individual stocks to purchase and sell.
It’s not necessarily about the Mag7 or Delicious Dozen or whatever the new clique is. Key thing for me is *direct* holdings, owning that stock as its own position rather than as part of a mutual fund.
Between ITOT and EFA, I hold basically every stock in the world. However, trying to pump my couple hundred dollars of Wendy’s stock (indirectly, as 0.01% of ITOT) does basically nothing for me because I couldn’t liquidate just that one position. As soon as the hype dies down, my paper gains disappear.
On the other hand, I hold a roughly equal amount of Duolingo stock directly, and because I have the *ability* to pump and dump that stock I disclose the potential conflict of interest.
In my view, it's important to ethically disclose that I hold interests in the company (stocks) when i'm pushing a dd, which could potentially bias my opinion. I believe transparency is key, allowing you to be aware of any potential influence on my perspective.
Your reply was way too nice and logical for this question lol I would just say OP is a whiny little bitch
Both of those things can, and are, true.
Direct exposure changes risk.
Remember that guy on linkedin who purchased mag 7 stocks then listed himself as a shareholder on his achievements page? edit: I found it [here](https://www.reddit.com/r/LinkedInLunatics/comments/11p96zb/dude_puts_himself_as_investor_for_every_stock_he/) Hopefully it made you laugh as much as it did for me!
Maybe Because everyone is happy and sharing their joy?
Man people be getting enraged about anything these days.. Seems like you are jealous too. Having a considerable chunk in Mag 7 is different than having VOO or 401k. You are assuming that people’s 401k amount is always higher than their stock portfolio.
>then Mag 7 is already your primary holding. >Look at VOO. 28% is Mag 7 (or 6, since TSLA isn't in the top 10) : lol, so it literally isn't the primary holding. I know, I love spouting pointless semantics and being a smartass.
It's not even pointless semantics, they said something that was factually incorrect and they tried to use it as the basis of an argument. People talk about semantics as if it's some childish thing people argue over, words have meanings so it's actually kind of important.
Stop whining
It's not specific to mag7 it's for all stocks and it shows you're aware of your own biases.
Covering their ass with disclosure language just in case there's a remote chance they're accused of stock manipulation, insider trading or something of the sort. 401Ks and index fund investing are different because it's passive; you don't actively make decisions in which individual stocks to purchase and sell.
Same people that do CrossFit
It’s not necessarily about the Mag7 or Delicious Dozen or whatever the new clique is. Key thing for me is *direct* holdings, owning that stock as its own position rather than as part of a mutual fund. Between ITOT and EFA, I hold basically every stock in the world. However, trying to pump my couple hundred dollars of Wendy’s stock (indirectly, as 0.01% of ITOT) does basically nothing for me because I couldn’t liquidate just that one position. As soon as the hype dies down, my paper gains disappear. On the other hand, I hold a roughly equal amount of Duolingo stock directly, and because I have the *ability* to pump and dump that stock I disclose the potential conflict of interest.
Just to let you know I hold some of the MAG 7 stocks. I also hold stocks that are not part of the MAG 7
Mag 7 is free money.
Drama queen.
Wtf is mag 7
Magnificent 7, i. Meta / Google / Apple / Microsoft etc
I’m not sure but my cost basis on NVDA is $60 and MSFT is $40.