Hedge funds have begun divesting stakes in the Magnificent Seven, a group of US equities, despite their high returns. The stocks have drawn comparisons to the Nifty Fifty bubble of the 1970s, which led to a significant drop. Inspired by Akira Kurosawa's samurai classic, a basket of Tokyo stocks to watch has been created. Goldman Sachs introduced the 'Seven Samurai' as Japan's equivalent to the Magnificent Seven in the US equities market.
Goldman Sachs reveals the 'Seven Samurai' — Japan's version of the 'Magnificent Seven' stocks https://t.co/F7AjWCRWkw
The Magnificent Seven dominate the US stocks market - but what about Japan? Goldman released a list of equities they dubbed the Seven Samurai (the movie the Magnificent Seven was based on), but I thought we can do one better. My latest, free to read: https://t.co/uq9zqidPZn
The Magnificent Seven stocks dominate the US equities market -- but what about Japan? Goldman released a list of stocks they dubbed the Seven Samurai (the movie the Magnificent Seven was based on), but I thought we can do one better.... https://t.co/uq9zqidPZn
Akira Kurosawa’s samurai classic inspired the Magnificent Seven. @GearoidReidy took that approach to create a basket of Tokyo stocks to watch https://t.co/1bXyRXWhMD via @opinion
Akira Kurosawa’s samurai classic inspired the Magnificent Seven. @GearoidReidy took that approach to create a basket of Tokyo stocks to watch https://t.co/Z4KVJzIiax
Forgot dot-com comparisons: The Magnificent 7 look like the Nifty 50 bubble that burst in the 1970s and sent the group tumbling 60% https://t.co/tW7vzDJ4ji
Are The Magnificent Seven In A Bubble? Ask The Nifty Fifty https://t.co/lPg9DWskZc
Hedge funds have started selling stakes in the Magnificent Seven, despite the bumper returns https://t.co/vgvS4qa9EV