The success of concentrated indices like the S&P 500 in recent years (two above-average years in a row entering 2024) is historically rare, and the fact that it has happened suggests the market may not have a third above-average year, making this a potentially good time to diversify into other asset classes and factors.

forecastpending

Speaker

Matt Ziggler

Evidence Quote

Cap weighted indices coming into the end of 2024 here have put up two above average years in a row which doesn't usually happen and when it does you usually don't get a third out of it

Source

Practical Lessons from Ben CarlsonExcess Returns
Created: 8/11/2026, 7:52:29 AM

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