Market Share
The financial services industry constitutes the largest group of companies in the world in terms of earnings and equity market capitalization. However it is not the largest category in terms of revenue or number of employees. It is also a slow growing and extremely fragmented industry, with the largest company (Citigroup), only having a 3% US market share. In contrast, the largest home improvement store in the US, Home Depot, has a 30% market share, and the largest coffee house Starbucks has a 32% market share.
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“To market tis our destiny to go.”
—Robert Frost (18741963)
“I do not share the gloomy thought that Negroes in America are doomed to be stomped out bodaciously, nor even shackled to the bottom of things. Of course some of them will be tromped out, and some will always be at the bottom, keeping company with other bottom-folks.”
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