By some measures, software providers make up a huge plurality of the sector. Just 5 companies (identified as the “FAANG” shares) make up a fifth of the S&P 500 on their own.
Investing in them can give you some shares that definitely perform. But, as Jim Collins asks in his latest Serious Dollars column, what just are you investing in?
“I have observed this motion picture in advance of. It was called the Tech Bubble, and it ended terribly. Don’t forget?” Collins wrote.
“But we are executing it once again. We have produced this near-mythological ‘tech’ dominance that just won’t