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

Changing fortunes of times - Who is now the biggest automaker?

Every generation needs a revolution - an entrepreneurial revolution

Before they used to be Toyota, VW, BMW.  They are no longer the automaker giants.  It is now TESLA whose market cap topped trillion

From Techcrunch - Tesla topeed 1 trillion market cap

The reasons for this bull run were:

1.  Record profits;

2.  Tesla topped ICE sales in Europe

3.  Hertz coming out of bankruptcy buying 100,000 TESLA units

This development reflect the growing awareness of decarbonizing the  planet earth (to stop global warming and flooding of coastal areas) and severe climate change.

But Toyota is resisting this wave of change.  It favors fuel cells, and does not favor total disregard of ICE (Internal Combustion Engine)

The fortunes of TESLA reflect the gtowing consciousness that we should stop the carbon emitters like ICE, coal power plants.  (We havent figured out how to dispose the dead batteries and sourcing of rare earth metals for the batteries.  The mining of these minerals will mean more destruction of forests and even water resources)