Investor Bill Smead Questions Whether Big Tech Stocks Peaked Last Year

The video discusses the recent performance of tech stocks, comparing it to past market trends. It highlights the concentration of wealth in major indexes and the potential risks for investors. The concept of 'dead stocks' is explored, focusing on companies that may take years to recover. The video also examines the competitive landscape of streaming services and expectations for upcoming big tech earnings.

What is a potential risk of investing in tech-heavy indexes and ETFs?

• They are guaranteed to outperform other investments.

• They may lead to over-diversification.

• They are immune to market fluctuations.

• They can result in significant losses if tech stocks enter a bear market.

What are 'dead stocks' according to the transcript?

• Stocks that never existed.

• Stocks that may take a long time to recover to their peak values.

• Stocks that are guaranteed to grow indefinitely.

• Stocks that are immune to market changes.

Which companies are compared to Amazon and Netflix in terms of stock recovery?

• Intel, Cisco, and Microsoft

• Tesla, SpaceX, and Blue Origin

• Apple, Google, and Facebook

• IBM, Oracle, and SAP

What is a sign that a stock might have reached its bottom?

• The stock price is at an all-time high.

• Analysts are downgrading their ratings and investors are losing interest.

• The company announces a stock split.

• Analysts are upgrading their ratings.

How did Hulu respond to Netflix's price increase?

• By lowering its prices.

• By increasing its own prices.

• By acquiring another company.

• By launching a new streaming service.

What strategy might Apple use in its upcoming earnings report?

• Include all bad news to clean the slate for the next year.

• Increase its stock buyback program.

• Merge with another tech giant.

• Announce a new product line.

What is a potential downside of tech companies having fantastic earnings results?

• It guarantees a stock price increase.

• It may lead to overvaluation and a subsequent price drop.

• It results in immediate stock splits.

• It causes a decrease in market competition.