In this week's podcast, Nucleus Wealth's Chief Investment Officer Damien Klassen, looked at a number of concerns that investors have about market concentration. The two big ones: (1) With almost 40% of the US market in the hands of just 10 stocks (2) at the same time the amount of money in passive stocks keeps growing, with some estimates suggesting a similar amount invested passively.
What does this mean for future returns and volatility?