2nd Quarter Commentary - Horizon Kinetics - Top 10 stock market companies

Stock valuations reached heights that were, until that point in history, unheard of. As a basis for comparison, let’s consider 1995 to be a normal year, at least insofar as technology company representation in the stock market. In 1995, of the top 10 companies in the S&P 500, two were tech: Microsoft and Intel, ................
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