Jonny Fry Posted

Trech Fever - What are equity markets up to?

2 min video how a handful of tech stocks are private clients are holding up stock markets —

Apple, Microsoft, Google and Amazon now account for 21% of the S&P 500. Meanwhile

Berkshire Hathaway, run by Warren Buffet one of the worlds’ best ever asset managers, has a PE of 17.5 compared to Amazon’s PE is 65+. This means that if Amazon were to keep its profits at its most recently reported, it would take 65 years for Amazon to earn the equivalent money as its current stock market value, 65 years! No surprise then...