All panels
Other Charts — Historical Charts and Data
Every Other Charts chart, valuation metric, drawdown record, and constituent breakdown from History of Market. 11 panels, refreshed daily.
§ I
Top-10 share, century
COUNTERPOINT · 1950—NOW — How much market do the ten largest hold
The ten biggest firms' share of total market cap since 1963.
Cost of being #1
COUNTERPOINT · THE #1 STOCK — Being the biggest was a losing trade — until this decade
The relative return of owning the market's biggest stock.
Large vs small caps
IWB vs IWM · 2000—NOW — Twenty-six years of large over small
Russell 1000 over Russell 2000 — twenty-six years of dominance.
§ II
Recovery base rates
COUNTERPOINT · 1985—NOW — How deep, and how many come back
Given a drawdown this deep, how often stocks got back to par.
Post-trough returns
COUNTERPOINT · FORWARD TSR — The deeper the fall, the wilder the bounce — and the rarer the recovery
Deeper falls bounce harder — but par gets further away.
Peak/trough timing
COUNTERPOINT · PEAKS & TROUGHS — Peaks scatter, troughs cluster
Peaks scatter across history; troughs crowd into crisis years.
Recovery paths
COUNTERPOINT · 60 MONTHS — Sixty months off the bottom
Sixty months after the bottom, path by path with the median.
NVDA vs INTC
NVDA vs INTC · CASE STUDY — Nvidia and Intel: two afterlives of the same bubble
Two afterlives of the same bubble: Nvidia and Intel.
§ III
Issuance vs buybacks
COUNTERPOINT · 2000—2023 — The market hands cash back
Does the market hand cash back or take it? The full ledger.
SBC dilution
COUNTERPOINT · BY SIZE DECILE — Stock-based compensation is a regressive tax
Stock comp as a regressive tax — smallest firms diluted hardest.
Buyback quadrants
COUNTERPOINT · SBC × BUYBACKS — Issue little, retire much — and win
Issue little, retire much — those firms returned the most.