Top 20 corporations in the world, in last 30 years; new batch for next 30 years.

Every generation needs a revolution - an entrepreneurial revolution

Warren Buffet made a list of top 20 companies for the last 30 years, and a new list for next 30 years.  He noted the following stark differences:

1.  Those int the list for the last 30 years, did not make to the new list

2.   Their market cap of those since 1989 were in the billions;  in the new list, most are in the trillions

3.  Only Aramco TSMC are asset and resource based;   most have intellectual capital

This is a great lesson in investment where the world is going.   Before car factories, manufacturers, energy companies, banks  were the darling of investment.  Now computing and programming:   games AI will be the new next thing.  

Where will you bet.?  Hence progress has left Japan and other progressive countries.  It has stayed at Silicon valley and USA

Top trillion dollar companies.

Company	Market Cap (USD)
Nvidia	$3.34T
Microsoft	$3.32T
Apple	$3.29T
Alphabet	$2.17T
Amazon	$1.90T
Saudi Aramco	$1.79T
Meta	$1.27T
TSMC	$932B
Median S&P 500 company	$92B

US, the World's Big Brother/Policeman's Influence is Waning

The World of Influence for the US Is Shrinking Along With Use of the Dollar | November 6, 2013
repost from Money Max by Asashi Advan

Which came first, the loss of dollar as a trading currency, or loss of confidence in US because of the suspicion brought about by news of its spying on its allies.?  Asian friends, South Americans, Europeans are beginning to show hostility towards US, and the declining value of dollar.  17% of trade was carried in Rambi (Chinese Yuan last year)

We can couple this with the growing loss of confidence in US leaders/politicians quarelling over budget and forcing govt shutdownm huge debt, deficit