This is a YouTube video titled "Why Apple Is 6% of VTI & VTSAX #personalfinance #doctor" containing a monologue or talk explaining why Apple constitutes about 6% of certain index funds like VTI and VTSAX. The speaker discusses Apple's significance as a company and its impact on investment returns. The content is focused on personal finance and investing, created in November 2024.
You know, as I go to Morningstar and look up BTI or BT Sachs, which is the mutual fund version of the Vanguard Total Stock Market Index Fund, I see that Apple makes up 6.1% of the fund. It's a big company, right? Look in your pocket. What's in there? That's right. There's a fifteen hundred dollar computer in your pocket that contains the world's knowledge. They make a lot of these. And guess what? The computer's sitting on my desk. Both of them are apples, right? We buy a lot of Apple crap and Apple makes a lot of money. It's a very valuable company. And when it makes money, I make money. When it makes money, if you own VTI or VT Sachs or some other index fund, you also make a lot of money. But because it's such a big company, it does make up 6% of that index fund.
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