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6% of companies make 50% of U.S. profit
From an analysis done by USA Today: Just 28 companies in the S&P 500 index generate 50% of all the net income. Of those, Apple and JPMorgan Chase together make 10% of the profits. Berkshire Hathaway, Wells Fargo, Gilead Sciences … Continue reading
Posted in Economics, Investing
Tagged cap weighting, corporate profits, index funds, S&P500
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