One of the most important aspects of investing your hard-earned dollars is to ensure that you are diversified to guard against fluctuations in sectors of your portfolio that may be overweighted, such as what happened to a lot of people in 1999 when they were overweighted in tech and what happened to people at Enron who were way overweighted in their own company stock.
It pays to do a little digging because things may not always be as they seem.
For instance, you may be invested in a U.S.-based company thinking that you have covered the U.S. portion of your portfolio, when in fact, most of that company’s revenue is coming from more unstable foreign sources.
Below, find the 15 largest U.S. firms and the percentage of their non-U.S. revenue...
Intel - 80%
ExxonMobil - 75%
Coca-Cola - 70%
Chevron - 63%
IBM - 63%
Altria Group - 62%
Proctor & Gamble - 53%
Cisco Systems - 50%
AIG - 44%
Pfizer - 43%
General Electric - 41%
Johnson & Johnson - 41%
PepsiCo - 36%
Dell - 33%
Microsoft - 32%
Showing posts with label ExxonMobil. Show all posts
Showing posts with label ExxonMobil. Show all posts
Friday, September 1, 2006
Wednesday, August 30, 2006
A Little History Of Actual "Monopolies"...
In 1911, at the Justice Department’s request, the U.S. Supreme Court broke up John D. Rockefeller’s Standard Oil monopoly, which began in 1870. It was split into 33 companies, including Jersey Standard (Exxon), Socony (Mobil), and Socal (Chevron).
In 1945, a federal appeals court found that Alcoa had illegally maintained its monopoly over aluminum ingot production, which began in 1888. The company was not broken up, but the government strengthened competition by selling its own wartime plants to Kaiser and Reynolds.
On January 8, 1981, after 13 years of litigation, the Justice Department dropped its effort to break up IBM for allegedly monopolizing the computer industry.
Also on January 8, 1981, AT&T signed a consent decree with the Justice Department ending Ma-Bell’s century-long telephone monopoly. It agreed to divest its 22 local operating companies, which were then recognized as the seven Baby Bells.
In June 2000, a federal judge found that Microsoft had illegally maintained its monopoly on PC operating systems and ordered the company split in two. A year later, however, portions of the ruling were overturned, and Microsoft then settled, avoiding a breakup.
In 1945, a federal appeals court found that Alcoa had illegally maintained its monopoly over aluminum ingot production, which began in 1888. The company was not broken up, but the government strengthened competition by selling its own wartime plants to Kaiser and Reynolds.
On January 8, 1981, after 13 years of litigation, the Justice Department dropped its effort to break up IBM for allegedly monopolizing the computer industry.
Also on January 8, 1981, AT&T signed a consent decree with the Justice Department ending Ma-Bell’s century-long telephone monopoly. It agreed to divest its 22 local operating companies, which were then recognized as the seven Baby Bells.
In June 2000, a federal judge found that Microsoft had illegally maintained its monopoly on PC operating systems and ordered the company split in two. A year later, however, portions of the ruling were overturned, and Microsoft then settled, avoiding a breakup.
Subscribe to:
Posts (Atom)