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Backchat - Google's $80bn bloat misses FT's Global 500 boat.(Brief Article)
Information is a tricky beast. The perils of publishing any "snapshot" guide to the world's top companies was demonstrated last month when the FT published its Global 500.
Companies were ranked by market capitalisation, getting around the problem of staggered annual reports, or listings based on turnover, which penalised certain businesses. Furthermore, the FT sagely observed, it "contains a forward-looking element because share prices include a view on investor expectations".
Unfortunately, it wasn't all that forward looking - the snapshot was taken on 31 March 2005, and not a sniff of Google is found in the listing. Funny that, because in ...
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Source: HighBeam Research, Backchat - Google's $80bn bloat misses FT's Global 500 boat.(Brief...