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In 2018, Apple became the first company on the stock exchange, to reach a 1 Trillion dollar valuation, and people thought it was the top of the cycle back then..
Investor summaryBearish
The author predicts Elon Musk's net worth will hit $1.1T by 2026 and advises rotating out of overvalued tech stocks.
Bear points
- Tech sector is currently overvalued.
- It is a good time to re-evaluate portfolios and rotate away from tech.
Post body
2026: Elon Musk's personal net worth just surpassed 1 trillion, now stands at a whopping 1.1 trillion!
I think its a good time to re-evaluate your portfolio, and position yourself away from tech as much as possible. This is a strange time, because while their is a few overvalued companies, such as space x, but there is also many deals to be had at the same time.
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