1.The 10 Largest Companies in the S&P Have a Combined Market Cap of More Than 3x the Entire Russell 2000 Index.

The march higher took on a familiar feel as larger names continued to outpace smaller. The pull of large companies has become so strong that, as shown [below] [to the right], the 10 largest companies in the S&P 500 have a combined market cap of MORE THAN 3X THE ENTIRE RUSSELL 2000® INDEX of small companies. This type of stampede into pricey mega-caps has historically ended poorly for those who followed the crowd.

https://www.advisorperspectives.com/commentaries/2020/01/22/time-for-quality?bt_ee=yN5aDzcb7548Nz%2BTl0T0BVHPs6RBHFe7VvOWA6%2BaLSH1OCL9juA1q7tnv%2FN8Iai4&bt_ts=1580568437485

1.Buffett Performance History.

As Buffett Got Bigger Tougher to Outperform

Why the Hot Hand of Investing Never Lasts–By Mark Skousen https://investmentu.com/wealth-creation-hot-hand-investing/

1. 5 Companies 17.5% of S&P

The five biggest tech companies now make up 17.5% of the S&P 500 — here’s how to protect yourself

Ari Levy@LEVYNEWSLorie Konish@LORIEKONISH

https://www.cnbc.com/2020/01/28/sp-500-dominated-by-apple-microsoft-alphabet-amazon-facebook.html

1.Energy and China Have Lost Decade.

https://www.reuters.com/article/us-global-markets-decade-energy/u-s-energy-shareholders-seek-to-leave-behind-a-lost-decade-idUSKBN1YV0CM

It Was a Lost Decade for China’s Stock Market, but Investors Bet on Better Times Ahead-https://www.wsj.com/articles/it-was-a-lost-decade-for-chinas-stock-market-but-investors-bet-on-better-times-ahead-11578133803

1.Software Private Equity Deals Jump to 17% of Overall PE.

https://files.pitchbook.com/website/files/pdf/2019_Annual_US_PE_Breakdown.pdf