OTCPK:INPCF - Post by User
Post by
WheresMeGoldon Jul 27, 2018 10:13am
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Post# 28376581
Interesting stats on FANG
Interesting stats on FANGPresently, Apple is valued at 5.1% of GDP, Amazon at 4.8%, Alphabet (Google) at 4.6%, Facebook at 3.3%, and Netflix at 0.8% of GDP. That’s a total market capitalization of nearly 20% of GDP across 5 stocks. It’s worth remembering that historically, the pre-bubble norm for market capitalization to GDP, adding up every nonfinancial company in the stock market, was only about 60%. At secular lows like 1974 and 1982, the ratio fell to 30% of GDP – for the entire market.
BTW, I heard that after buying FB at its high and then liquidating during yesterday’s sell off, dogatcat then put all of his smaller “sizable” fortune into TWTR just before yesterday’s close.