Wall Street Journal
Tech stocks total 31% of the S&P 500’s market value today. In 1812, financial stocks—banks and insurance companies—constituted an estimated 71% of total U.S. stock-market capitalization. No other sector even amounted to 14%, according to financial historians Richard Sylla of New York University and Robert Wright of Central Michigan University.
Nothing contributes so much to the prosperity and happiness of a country as high profits