2000 Top 5 stocks = 18% of index:
Microsoft, Cisco, GE, Intel, Exxon Mobil
2000 Top 5 stocks = 12% of index:
Vodafone, Nokia, Deutsche Telco, Nippon
Tel, Toyota
2020 Top 5 stocks = 24% of index:
Apple, Microsoft, Amazon, Alphabet, Facebook
2020 Top 5 stocks = 7% of index
Nestle, Roche, Novartis, SAP, ASML
Time to look outside US?
https://www.hartfordfunds.com/dam/en/docs/pub/whitepapers/WP569.pdf
https://www.theatlantic.com/sponsored/fidelity-2016/five-myths-of-international-investing/1046/
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