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Going back to 1996 shows Intel, IBM, Softy and G.E. among the largest firms...so hello tech, again? Source: http://etfdb.com/history-of-the-s-and-p-500/#1996 h
by qwrusz 10y ago
Going back to 1996 shows Intel, IBM, Softy and G.E. among the largest firms...so hello tech, again?
Source: http://etfdb.com/history-of-the-s-and-p-500/#1996 http://etfdb.com/history-of-the-s-and-p-500/#1996
Site appears to have market cap data back to the 1980s. Interesting shifts over the years (Philip Morris even appears "in the pack")
I realize the article might be just a WEF staffer fill piece, but it's unfortunate to see the WEF using market cap as the proxy for valuable companies here.
This might get downvoted as too pedantic: but oil and tech companies valuations use different accounting methods. Similar to stock and flow issues - they are ~incommensurable. e.g. depletion of oil reserves (regardless of measurement and spot prices) is value realization and is not an apples to apples comparison to tech companies future growth/innovation value creation assumptions.