seizing the opportunities from this trend requires being dynamic with portfolios -- that is what kate moorestatic closure to broad asset classes that worked so well during the sustained full markets of the past. how static is investing in the magnificent seven? kate: i do nothing get is static at all. one of the things people forget to talk about with the benefits and seven is they are not just interesting thematically. these are not just companies in the right areas at the right time. they are also companies that did the fundamental work. you were talking about layoffs and cost-cutting in terms of the financial sector a moment ago, but a lot of these companies went through that tough desires in the fourth quarter of 2022 in the beginning of 2020 three. so fundamentally strong and thematically strong. i think they are still fundamentally and the medically strong. tom: let's bring it down to retail, down to 401k. i've been told have to be in a target fund, or whatever that baloney is. or have to be in 60/40. what are the partial derivatives of a standard 60/40 approach, giving yours and wei