Zaw Thiha Tun is currently an investment advisor for PI Financial Corp. He is also a financial writer on a wide variety of topics. LIFO is banned under IFRS due to potential financial distortions.
The Magnificent Seven represent 34.4% of the S&P 500 as of January 2026, up from 12.5% in 2016. From 2016 through 2025, these seven companies achieved an 870.1% return, outperforming the S&P 500. The ...