· The top 10 holdings were 34% of the SP 500. In the early 1960s the top 10 holdings at one time made up over 50% of the SP! The average lifespan of a company in the SP back in the 1960s was around 60 years. Today that number is closer to 20 years. This comes from a combination of mergers, disruption and companies going bust.
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· Map shows the Top Ten Cities in India based on GDP. Top 10 most developed cities of India includes Mumbai, Delhi, Kolkata,Bangalore, etc.
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· The composition of the top 10 changes in each of the snapshots above, and this simple approach helps capture the market narrative for each timeframe. During the Dotcom Bubble, you can see that half of the list was dominated by tech companies. This was shortlived, and the years 2004, 2009, and 2014 have much more diverse lists.
