Hacker News new | ask | show | jobs
by whitej125 311 days ago
That which might be of additional interest... look at how the top 10 of the S&P 500 has changed over the decades[1].

At any point in time the world thinks that those top 10 are unstoppable. In the 90's and early 00's... GE was unstoppable and the executive world was filled with acolytes of Jack Welch. Yet here we are.

Five years ago I think a lot of us saw Apple and Google and Microsoft as unstoppable. But 5-10 years from now I bet you we'll see new logos in the top 10. NVDA is already there. Is Apple going to continue dominance or go the way of Sony? Is the business model of the internet changing such that Google can't react quick enough. Will OpenAI go public (or any foundational model player).

I don't know what the future will be but I'm pretty sure it will be different.

[1] https://www.visualcapitalist.com/ranked-the-largest-sp-500-c...

1 comments

There was always some subset of the S&P that mattered way more than the rest, just like the S&P matters way more than the Russel.

Typically, you probably need to go down to the S&P 25 rather than the S&P 10.