Jim Boswell Blog | Here Are Some Amazing Numbers | TalkMarkets
Executive Director, Quanta Analytics
Contributor's Links: Globanomics
Author of Globanomics. Jim has nearly fifty years of professional experience in the development of management information and analytical business decision support systems. Broadly disciplined with exceptional experience. Education includes an MBA from the Wharton School-University of Pennsylvania, ...more

Here Are Some Amazing Numbers

Date: Saturday, October 24, 2020 6:25 AM EDT

Yesterday i gathered the information Forbes Magazine puts out on the largest 2000 "public companies" in the world.  The way they have their data doesn't make it readily easy to use, but i have done some preliminary analysis with the data.  What i do have is China, United Kingdom, and United States numbers and here they are:

China--268 of the companies, having a total net market value of $5.97 Trillion;

United Kingdom--77 companies, having a total net market value of $1.73 Trillion

United States--320 of the companies, having a total net market value of $11.61 Trilllion.

What does that alone tell you?  It tells me that the United States is in a very good position at the start up of globanomics.  Its data like this that we should monitor going forward so we get our due share of business in the future--as we help others by picking them up from their bootstraps.

Remember this:  Market theory says market value represents the price based upon all current knowledge.  If Forbes has their 2000 that information is available to the market places, and it means any investor could choose to spend his/her next dollar on any of the 2000.

Six of the largest twenty companies were Chinese companies, fourteen were the United States.  The United Kingdom's first company came in 22nd in this smaller sample (i.e., only China, United Kingdom, and United States)  The largest four companies were all U.S,:  Microsoft, Apple, Amazon, Alphabet.  The fifth largest company, Alibaba Group, was China's largest market value company.

Its for the above type reasons that Business is senior to Economics in Globanomics.  Instead of focusing solely on GPP type things we also need to be looking at where we are at throughout the Business domain, and that can best be followed by looking at the above type data.  It tells you where people are putting their hard earned money.

This is a breakthrough finding at least for me that has come out only sense reintroducing globanomics.  And therefore, it deserves its own unique blog.

I am not saying Forbes is the best source for this data, but i doubt if any other data would vary much, at least from a 10,000 foot high viewpoint.

Now with that said, i am going to add the other blog which was earlier published in Talkmarkets but not currently on my blog.

Disclaimer: This and other personal blog posts are not reviewed, monitored or endorsed by TalkMarkets. The content is solely the view of the author and TalkMarkets is not responsible for the content of this post in any way. Our curated content which is handpicked by our editorial team may be viewed here.

Comments

Leave a comment to automatically be entered into our contest to win a free Echo Show.