Is Software Really Eating The World?

This list that Charlie shared the other day of the top 20 stocks of the last 20 years in the S&P 500 reminded me how early we still are in the technology/digital/ecommerce boom…

Monster BeverageTractor SupplyOld Dominion FreightCarMaxAltria Group

The best 5 stocks/companies are the ‘UNsoftware’. The only software stock in the top 20 is Activision.

No wonder the Nasdaq 100 ($QQQ) – and Venture Capital – have been the place to be for at least the last 10 years.

I have no idea when a swoon begins for the Nasdaq 100 and Venture Capital, but I do know the top 20 stocks of the last 20 years in the S&P 500 will look a lot different when we check back on the list in 10 more years.

Happy Sunday.