Saturday, January 02, 2016
Will Apple Still Be The Number Market Capitalization Stock in the S&P 500 Seven Years From Now? History Says No
Progressives and other economic illiterates constantly talk about alleged market failures. We hear platitudes like " the rich keep getting richer" and big corporations always have advantages. The data on the largest S&P 500 companies suggest that things don't stay the same. In 2008 , Apple wasn't the largest stock in the S&P 500, suggesting that in 2022: the odds are Apple will not be at the top of the hill.