The chart below is featured in our piece "Best Charts of 2025"

kailashconcepts.com/white-papers...

It illustrates U.S. Market Cap distribution across size cohorts.

Companies >$500B command ~$29T in market value, more than 5x the combined capitalization of all firms below $10B.

The chart below is featured in our piece "Are Stock Buybacks in Your Best Interests?"

https://kailashconcepts.com/white-papers/buybacks

It shows total net debt of stock repurchasers since 1989.
Net debt has surged to ~$5T, which is approaching levels last seen in the lead-up to the GFC.

The chart below is featured in our piece "Are Stock Buybacks in Your Best Interests?" ↓

https://kailashconcepts.com/white-papers/buybacks

It shows total net debt of companies repurchasing their own shares has surged to nearly $5 trillion - levels last seen before the GFC.

The chart below is featured in our piece "Tackling Technology’s “Earnings Elephant” – the Great Grift Continues"↓

https://kailashconcepts.com/white-papers/technologys-earnings

It shows that Tech's share of corporate earnings is ~30%, which we believe represents a precarious level of concentration.

The chart below is featured in our piece, "A Tech Talk" ↓

https://kailashconcepts.com/white-papers/a-tech-talk

It shows that that the Tech % of total market cap against total sales as of 2024 echoes the dot.com bubble, equaling ~40% market cap but just ~13 in total sales.

The chart below is featured in our piece "Tackling Technology's Earnings Elephant" ↓

https://kailashconcepts.com/white-papers/technologys-earnings

It highlights that profit margins in Tech are near all-time highs. Coupled with record multiples, the sector is at a major risk for mean reversion.