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by shalmanese 4686 days ago
This is largely an artifact of survivorship bias.

If you compare MS to it's peers:

GE: $372B -> $239B

MS: $326B -> $239B

Exxon: $299B -> $403B

Wal-Mart: $273B -> $247B

Citigroup: $255B -> $134B

Pfizer: $249B -> $207B

Intel: $203B -> $108B

BP: $200B -> $130B

Source: http://en.wikipedia.org/wiki/List_of_corporations_by_market_... http://www.ft.com/intl/indepth/ft500