Discover and read the best of Twitter Threads about #RobArnott
Most recents (1)
It is very unlikely that the largest companies today will keep up with the market to remain the largest into the future. These Mega Cap names tend to under-perform. This chart is a great visual of what history can teach us about how quickly these names can drift out of favor. 
Also, here is a look at the number of Top 10 names that have historically drifted from the largest 10 over the next decade. The average in the U.S. has been around 6-7 on average.
#RobArnott referenced this fact in his recent Barron’s interview, and it’s one of the ways he point out that index funds tend to Buy High and Sell Low.
barrons.com/articles/rob-a…
barrons.com/articles/rob-a…
