Pretty amazing to think back to that time.
– About 1/4th of the companies are basically dead (Enron, Compaq, AIG, Sears)
– Another 1/4th have been crushed i.e. down 90ish% over the past 20 yrs (Citi, GE, GM, Ford, HP).
– None of them are what I would consider ‘leaders’ in 2023.
Time withers all things.
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