John,
You are quite wrong about the MEGACAPS. It is clear that you have listed and believed the financial stuff spewed out on TV. With facts and figures I will shoot you "latter days MEGACAPS saints theory" to hell.
Consider an investor that bought $10,000 worth of each of the three Gorilla stocks, Intel, Microsoft and Cisco. Also line entry showing return for AMD for same period.
In the last 10 yrs, $30,000 appreciated to $7,681,476 for an annually compounded rate of return of 74.11%
AMD's annually compounded rate of return 13.11%
In the last 8 yrs, $30,000 gone to $1,685,635 for an annual compounded rate of return of 65.46%
AMD's annually compounded rate of return 6.21%
In the last 5 yrs, $30,000 gone to $542,025 for an annual compounded rate of return of 78.39%
AMD's annually compounded rate of return 2.97%
In the last 3 yrs, $30,000 gone to $159,591 for an annual compounded rate of return of 74.57%
AMD's annually compounded rate of return 2.18%
In the last year, $30,000 gone to $52,858 for an annual rate of return of 76.19%
AMD's rate of return 3.35%
You no doubt have noticed that the average rate of return for an equal market basket of Intel, Microsoft and Cisco, is in the 70% range for the 10 year time period. Some reporters MEGACAP theory all shot to hell!
Now that I have proved that your answer was incorrect, try another one...humble carl
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