5 ms·
Most valuable publicly traded company perhaps, see Saudi Aramco: http://blogs.mccombs.utexas.edu/titman/2010/03/01/more-thoughts-on-the-value-of-saudi-aramco/
by ximeng 14y ago
Most valuable publicly traded company perhaps, see Saudi Aramco:
http://blogs.mccombs.utexas.edu/titman/2010/03/01/more-thoughts-on-the-value-of-saudi-aramco/ http://blogs.mccombs.utexas.edu/titman/2010/03/01/more-thoug...
- mpd 14y agoI'm curious where Standard Oil would stand had it not been broken up.
- ximeng 14y ago$1tn according to Wiki http://en.wikipedia.org/wiki/Standard_Oil#Breakup http://en.wikipedia.org/wiki/Standard_Oil#Breakup
- chmars 14y agoPetroChina was actually worth more than one billion USD a few years ago when a-shares became available at the Shanghai Stock Exchange.
- ximeng 14y agoYou mean trillion I think.
- chmars 14y agoIn numbers, I mean 10^12. As a written word, you are right that for most HN readers, trillion is the probably the correct term.
- Luc 14y agoA long-scale billion is a short-scale trillion. How I hate this confusion! http://en.wikipedia.org/wiki/Long_and_short_scales http://en.wikipedia.org/wiki/Long_and_short_scales
- chmars 14y agoThanks, I never know which one to use if a use English with a mixed audience.
- henrikschroder 14y agoI get so annoyed when people don't make (or understand) the distinction between the value of a company, public or private, and the market cap of a publicly traded company. They are not the same, not by a long-shot, and the biggest and most "valuable" companies are usually private.
- tibbon 14y agoIt does bother me how the US media seems to forget about this 'little' company that probably provides half the gas in their cars...