Ten-year scoreboard for the Dow 30 tells you everything about where the money went.
$NVDA up 13,000%. Not a typo. Chips ate the world.
$AAPL, $MSFT, $GOOGL, $AMZN all up 500%+. Big Tech wasn't a trade—it was the only trade.
Financials crushed it. $GS and $JPM both up 400%+. Turns out low rates, then high rates, both worked if you were a bank with scale.
$CAT up 852%. Industrial comeback story nobody saw coming in 2015.
Meanwhile $NKE is red over the decade. Apparel is brutal when you lose the culture.
$BA and $IBM basically went sideways for ten years. Legacy weight is real.
If you bought the index, you won. If you picked the losers, you got a masterclass in opportunity cost.
$NVDA up 13,000%. Not a typo. Chips ate the world.
$AAPL, $MSFT, $GOOGL, $AMZN all up 500%+. Big Tech wasn't a trade—it was the only trade.
Financials crushed it. $GS and $JPM both up 400%+. Turns out low rates, then high rates, both worked if you were a bank with scale.
$CAT up 852%. Industrial comeback story nobody saw coming in 2015.
Meanwhile $NKE is red over the decade. Apparel is brutal when you lose the culture.
$BA and $IBM basically went sideways for ten years. Legacy weight is real.
If you bought the index, you won. If you picked the losers, you got a masterclass in opportunity cost.

