Viewing a single comment thread. View all comments

That-Whereas3367 t1_iy88gku wrote

Reply to comment by neothedreamer in Tech's reality check: How the industry lost $7.4 trillion in one year by Fatherthinger

Most of these tech corporations won't be around in 20 years.

Index funds 'work' because all the failures are automatically culled.

1

neothedreamer t1_iy8uddm wrote

I don't know about that AAPL IPO'ed in 1980, MSFT in 1986, AMZN 1997 all are older than 20 years and part of Top 10 in S&P.

1