I will start by saying Long Live Capitalism!
We have come a long way from the days where the largest publicly traded company no matter where in the world it shares are exchange and traded were worth $5 Billion. According to numerous research I done the first Trillion dollar company was not headquartered in the US and sources said Saudi Arabia's Aramco -yet to go public- is worth $1 Trillion. I also saw on Wikipedia that China's PetroChina was a Trillion dollar company years ago but here is the catch both Aramco and PetroChina are state-owned or may I say socialist and not I dependent or pure capitalist. And that brings me to the main points here. As of February 28th 2018 the three largest publicly traded [capitalist entities] are Apple with a market capitalization of $905 Billion, Alphabet owner of Google with a market capitalization of $780 Billion, and Amazon with a market capitalization of $732 Billion. All three are bigger than the next 500 companies in the S&P or the 100 companies in the FTSE. All three will definitely cross $1 Trillion in the near future at various stages with Apple seeing as the first one then Amazon likely becoming the second one and Alphabet the third one. Now that will greatly change the outlook and landscape of capitalism either as a small company or a big one regardless of being private or publicly traded. I have read comments saying that it will be worrying and I respond to one of them saying "Business still goes on, Companies can stay private and do great [Mars have been a private company for 100+ years] and the ones wishing to go public must have great business models and great financials plus a sense of inclusiveness for all shareholders [Snap was the first company to go public with a three class structure with 95% voting with the founders and no voting to outside shareholders- and the company have a bad financials coupled with missteps]" so the 3-As [Apple, Alphabet, Amazon] is kind of doing good to the stock market and capitalism as a whole. And all three companies are endowed in terms of revenue, cash flow etc. So in conclusion, Capitalism gets more stronger even with worries and Whatnots [some people saying Amazon should be broken into 20 companies then again why? If it because of market cap growth then that stupid]. I am for an excellent capitalism and a fair globalization. Now I will end by saying, Long Live Capitalism!
Submitted February 28, 2018 at 07:14PM by snack-fu-bling http://ift.tt/2oCGi0D
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