Trillion Dollar Companies

We used to not have $3T companies – Sherwood News:

In reading this nice piece my Sherwood colleagues did spotlighting the lopsided contributions of mega-tech companies to this year’s market rally, it struck me that we’ve never had three, separate three-trillion-dollar companies before.

In fact, until 2018, there were precisely zero companies with valuations that large.

It’s hard to get one’s mind around the what it even means to have a trillion-dollar capitalization, much less a three-trillion dollar market price tag. At some point the numbers become a kind of abstraction.

Leave a Reply