How should long-run investors view the astonishing growth of the largest companies?
We live in the age of supercompanies: massive, dominant players that seem to get better as they grow — for customers and investors. And they also make us uncomfortable about our rights and freedoms. Think Walmart, Apple, Meta and so many others.
But how should investors view these new giants, and will the returns last forever? Also we short the world-ex-US trade and go long the gerontocracy. For a free 30-day trial to the Unhedged newsletter go to: https://www.ft.com/unhedgedoffer Follow Ethan Wu and Katie Martin on X. You can email Ethan at [email protected]. Read a transcript of this episode on FT.com
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