The Buried $150 Billion Bet Inside the Top 20 U.S. Stocks

藏于美国前20大上市公司内的1500亿美元巨额赌注

WSJ What’s News

2026-08-02

33 分钟
PDF

单集简介 ...

This week, we’re bringing you an episode of WSJ’s Take On the Week. Host Telis Demos and guest host Spencer Jakab, investing columnist and writer of the Markets A.M. newsletter, are joined by Kaitlin Hendrix, asset allocation research director at Dimensional Fund Advisors, to decode investors’ surging interest in private markets. They break down how investors may already have exposure in their investment portfolios to private companies like Anthropic, Stripe and Flipkart, through holdings in companies like Alphabet's Google, Amazon and Nvidia. Hendrix explains why your public index fund might already provide the diversification you’re looking for, without the high fees. Plus, Jakab explains the way that big tech’s private company investments are boosting earnings to near-unprecedented levels.  To watch the video version of this episode, visit our WSJ Podcasts YouTube channel or the video page of WSJ.com Sign up for the WSJ’s free What’s News newsletter. Further Reading:  Earnings Forecasts Are on Steroids For more coverage of the markets and your investments, head to WSJ.com, WSJ’s Heard on The Street Column, and WSJ’s Live Markets blog. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
更多

单集文稿 ...

  • Hey, What's News listeners, it's Sunday, August 2nd.

  • I'm Luke Vargas for The Wall Street Journal, and this is What's News Sunday,

  • the show where we tackle the big questions about the biggest stories in the news.

  • High risk.

  • High reward.

  • That is the promise of access to private markets.

  • SpaceX set off a massive IPO wave earlier this summer and OpenAI

  • and Anthropic are gearing up to go public later this year,

  • but they've built up a lot of market value while still being privately held.

  • New marketplaces have made it easier for everyday investors to grab shares of private companies

  • and big asset managers are getting into the game too.

  • But what if you've already got exposure and you just don't know it?

  • This week, we're serving up an episode of WSJ's Take on the Week as host Telestemos

  • dives into the $150 billion private markets bet that's inside America's biggest companies

  • and whether that might offer the diversification you're looking for.

  • And if you like what you hear, listen and subscribe to WSJ's Take on the Week wherever you get your podcasts.

  • Hi, everyone.

  • I'm Telus Demos.

  • Welcome to another episode of WSJ's Take on the Week.

  • We've got another special – but we've been doing a lot of special episodes lately.