For those who was watching the Berkshire Annual Meeting couple of weeks back, Warren Buffet showed 2 slides.
On the left, he showed 20 of the largest companies by market cap in 1989.
On the right, he showed 20 of the largest companies by market cap in 2021.
None of the companies from 1989 made it to the top 20 list in 2021.
In the 1989 list of top 20 companies, Japan companies obviously stands out.
In the 2021 list of top 20 companies, USA companies obviously stands out.
So... what will be the list of companies in 2050+?
Which country will stand out?
Nope, I'm not giving any answers. I also don't know. Although I could make a guess of the country.
But even if I could guess the country. It's almost impossible to guess the companies which will make the list. I reckon that most of the companies which will be on the 2050 list haven't even been incorporated yet.
Anyway, just stuff to think about...
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