@patio11 personally, this is somewhat terrifying, because that means ~20% of my long term retirement savings are tied up in these companies.
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@zrail I know the feeling there; that's why I actively avoid investing in public tech companies. Might have to short to hedge eventually. - 3 more replies
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(The other two are Berkshire Hathaway and Exxon.)
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@patio11 Yup. 5 tech companies have combined market cap of 1/8th of US GDP
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@patio11 Aramco has approx $1T market cap, bigger than all of them. See also HK Exchange Fund, Kuwait Investment Authority, Norway Pension F -
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@patio11 this is very cyclical though (2-3 years ago, it was still the case that most of the biggest caps were in energy)Thanks. Twitter will use this to make your timeline better. UndoUndo
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