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Three Powerful Characteristics Shared By Three of The Most Valuable Companies
Three companies comprise over 16% of the S&P 500 market cap. Here are three reasons they have garnered such an enormous lead.
I’ve never been a manager or had any direct employees reporting beneath me. But, I have read some management and leadership books, and most of them discuss how important it is to retain top talent. According to books I’ve read, the A players should be considered indispensable and garner the largest share of a manager’s attention and time. But, in my experience, it’s typically the C players that management focuses on.
When it comes to investing, I believe it’s essential to have A players in your portfolio. Rather than applying time to these A players, I try to use heavier capital allocation to these A players. In crypto, my A players are Bitcoin, Ethereum, and Chainlink. Bitcoin and Ethereum have served me well. Chainlink has been acting more like a C player.
I don’t frequently write about stocks. But lately, I’ve been giving more thought to reallocating some of my retirement funds into individual stocks rather than index funds. The three companies I am considering the most are Apple, Amazon, and Google (I know its name is technically Alphabet, but I will…