↗ https://reddit.com/r/ValueInvesting/comments/1ve0fhg/mag7_is_john_plender_the_stupidest_financial/
"The Magnificent Seven phenomenon, along with its nicknamed predecessors, was in effect an inducement to momentum investing."
[https://www.ft.com/content/2ac61eb8-8d28-42f8-8a60-6159f3b3913e?syn-25a6b1a6=1](https://www.ft.com/content/2ac61eb8-8d28-42f8-8a60-6159f3b3913e?syn-25a6b1a6=1)
I accept anyone who would say that the mag7 are investing too much in AI. I can accept that anyone could say that at least some of them have reached a ceiling in how many users or ARPU they will attain. But saying that investing in them is momentum investing?
