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Podcast: Talking Real Money - Investing Talk
Episode: Hard to Pick
Description: A fast, funny Thanksgiving-weekend show where you and Tom unpack why a tiny handful of stocks drive the S&P’s returns, revisit forgotten winners like Hormel and McDonald’s, explain why “you can’t pick them in advance,” and tie it all back to building global, diversified portfolios. Listener calls cover early-retirement withdrawals with 72(t), whether AVGV should replace AVGE, a Thanksgiving relative obsessed with dividends, and a listener being pitched a 1.24% Fidelity “wealth management” upsell.
0:06 Thanksgiving haze, Manhattans, overeating, and setting up the show
2:24 Magnificent 7 vs S&P 493 and how concentrated returns distort hindsight
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