"I believe that probably the five largest American companies by market cap...they have a market value of over two-and-a-half trillion dollars...and if you take those five companies, essentially you could run them with no equity capital at all. None."   - Warren Buffett, 2017 BRK Annual Meeting

I recently decided to confirm this quip with some research into how much capital these firms actually ...

 

Please join here to view this post.  Why Join BHI Members?