Posted by elementsix on 25th of Aug 2023 at 05:19 pm
Really shows the dominance of the US over the last 3 decades,
coming into the digital/information age. The top 6 S&P holdings
(AAPL, MSFT, AMZN, NVDA, GOOG(L)) alone have been exponential
during this time. Thirty years ago, AAPL was something like
$0.30/share (split adjusted) and worth a meager $3B. Its up
+650x in that time. It's stunning to think
about that growth when you look at some charts because these are
not small companies either.
Really shows the dominance of
US vs Global Equities Performance
Posted by elementsix on 25th of Aug 2023 at 05:19 pm
Really shows the dominance of the US over the last 3 decades, coming into the digital/information age. The top 6 S&P holdings (AAPL, MSFT, AMZN, NVDA, GOOG(L)) alone have been exponential during this time. Thirty years ago, AAPL was something like $0.30/share (split adjusted) and worth a meager $3B. Its up +650x in that time. It's stunning to think about that growth when you look at some charts because these are not small companies either.
IBM +15x
INTC +18x
SONY -0.5x
This list shows the previous dominance of Japan:
https://www.cnbc.com/2014/04/29/what-a-difference-25-years-makes.html
I suppose this begs the question... how long can the dominance last?
It also begs the question
Posted by mastermind on 25th of Aug 2023 at 05:53 pm
It also begs the question - what are INTC and IBM doing in the Dow instead of NVDA and GOOG?