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17.5% of the S&P 500 is Apple, Amazon, Facebook, Microsoft, and Google. What percentage of the top European companies are that new?
by Aunche 6y ago
17.5% of the S&P 500 is Apple, Amazon, Facebook, Microsoft, and Google. What percentage of the top European companies are that new?
- inopinatus 6y agoNew? Microsoft was founded 45 years ago, Apple is 44. Top? The S&P 500 is riddled with mediocrities and rent-seekers. 17.5%? Five out of five hundred is 1%.
- Aunche 6y agoMicrosoft and Apple are still new by European standards. The only newish European megacorp is SAP, which is older than Microsoft and Apple. 17.5% of the market share.
- inopinatus 6y agoNot sure what that number means to you, but see above about why it’s so low; established money protects itself.