▲ 127 r/investing
Sp500 is currently at ~66 trillion dollars market cap, assuming a conservative 8% annual growth rate. sp500 will reach 1 quadrillion in 36 years.
This means that the top company in 30-40 years will likely be worth more than 70 trillion (more than the current Sp500 market cap right now), if we take nvidia/sp500 ratio right now and apply it to the future top company in 36 years.
This means that no good company right now is too expensive in the long term. Companies like google, Microsoft, nvidia and etc can still 10X long term!
u/Fungai2334 — 11 days ago