In 2007 we had too big to fail banks.
In 2024 we have too big to fail stocks.
10 companies account for 31% of $54 trillion in total US market capitalization.
They are $Microsoft(MSFT)$ $Apple(AAPL)$ $NVIDIA Corp(NVDA)$ $Alphabet(GOOG)$ ( $Alphabet(GOOGL)$ ) $Amazon.com(AMZN)$ $Meta Platforms, Inc.(META)$ $Berkshire Hathaway(BRK.B)$ ( $Berkshire Hathaway(BRK.A)$ ) $Eli Lilly(LLY)$ $Broadcom(AVGO)$ $JPMorgan Chase(JPM)$
https://x.com/BrianTycangco/status/1793999502053179536
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