2min chapter

Masters in Business cover image

Aswath Damodaran on the Future of Business Education

Masters in Business

CHAPTER

The Rise and Fall of Lifecycle Stocks

In the last decade, six companies accounted for 16% of the increase in market cap of 7,500 US stocks. If you spend the entire decade with none of these stocks in your portfolio, I don't see any way in which you could have created any kind of positive outfit. So coming off a decade where you've added trillions of dollars in market cap, often based on flimsy stories that you don't carry through. Some companies like Apple and Microsoft seem to have held up much better than Tesla and Netflix.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode