Why a trillion-dollar Apple is nothing to celebrate

why a trillion dollar apple is nothing to celebrate
Why a trillion-dollar Apple is nothing to celebrate

Contrarians are one group who will not be celebrating Appleā€™s achievement when it eclipses the trillion-dollar market-value barrier. If you have any doubt that companies at the top of the market-cap rankings are dubious long-term bets, consider 40 years of history. For a more systematic insight, consider an analysis I conducted of companies at the top of market-cap rankings.

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Author: HEDGE

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