"Race To $2 Trillion" Has Now Entered The WS Vernacular

Discussion in 'Wall St. News' started by vanzandt, Jul 9, 2020.

  1. vanzandt

    vanzandt

    Either that or we will be living in a world with one software company, one consumer electronics company, one car company, one airline, and one retailer. Ok maybe 2 across the board there. Everything else disappears.
     
    #11     Jul 9, 2020
    apdxyk, MattZ and jys78 like this.
  2. S2007S

    S2007S

    Amazon up 25% in 1 month. Has added hundreds of billions in market cap in only a few weeks. Law of large numbers don't work forever. Just saying.
     
    #12     Jul 9, 2020
    apdxyk and jys78 like this.
  3. jys78

    jys78

    I don't disagree with any of this. There WILL be a day of reckoning - but until then, why not relax and enjoy the ride? Keep making $!

    The Naz WILL trade above 100K. There will be 10T, 100T etc. market cap companies. Only question is when?
     
    #13     Jul 9, 2020
    vanzandt likes this.
  4. jys78

    jys78

    Imagine if Bezos managed to put on some kind of collar at the top?!
     
    #14     Jul 9, 2020
  5. What more could we hope for?
     
    #15     Jul 9, 2020
    vanzandt and jys78 like this.
  6. vanzandt

    vanzandt

    Hello.
    Welcome to ET.
     
    #16     Jul 9, 2020
    mrbigtrade likes this.
  7. ironchef

    ironchef

    You remember you first million? Took quite a long time. Your second? Only a few more years after.
     
    #17     Jul 10, 2020
  8. MattZ

    MattZ Sponsor

    I had the same discussion today with a colleague. Expertise gave birth to a new type of monopoly.
     
    #18     Jul 10, 2020
  9. S2007S

    S2007S



    10 trillion and 100 trillion market.cap companies??

    I highly doubt in any Industry we have today.
     
    #19     Jul 10, 2020
  10. jys78

    jys78

    Not today. In the future. Remember, it's not really that long since we had the first 100B company (GE in 95?). Here we are today at 1T rapidly heading to 2T. You think 10T can't happen? It's only a matter of time.

    In fact, we'll probably see the first QUADrillion dollar company in less than a century. And no, it will most likely not be in any existing industry, you're right about that.
     
    #20     Jul 10, 2020