The top U.S. defense contractors might actually make more now that the war is over.
claims that the 20-year Afghanistan war, far from being a failure, was an “extraordinary success” for the top five U.S. defense contractors.
The article calculates that if you had invested an evenly divided $10,000 in those companies’ stocks on Sept. 18, 2001, the date President George W. Bush signed the Authorization for the Use of Military Force, those shares would be worth $97,795 today. By contrast, if you’d put the same money in an S&P 500 index fund, you’d have only $61,612. So the big five defense corporations outperformed the stock market by 56 percent.This is spurious, to say the least.
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