On 2020-10-12 00:57, Bill Johnson wrote:
So market cap is now the determining factor for the best companies? Here’s the 1980 list of market cap leaders. Had IBM not been forced out of the PC market, I’d bet IBM would still be at or near the top, and MSFT wouldn’t be.
"Forced out". I think not. IBM gave up that market.
1980: 1. IBM 2. AT&T 3. Exxon 4. Standard Oil of Indiana 5. Schlumberger 6. Shell Oil 7. Mobil 8. Standard Oil of California 9. Atlantic Richfield 10. GE
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