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Oh, right. Well, i don't think you can invest in the fortune 500 =)
by jldugger 6y ago
Oh, right. Well, i don't think you can invest in the fortune 500 =)
- jedberg 6y agoSure you can. You can invest individually in the stocks, or in VOO. But the point was a lot of the companies on the Fortune 500 are considered good buys from a value investor perspective, yet chances are 1/2 of them won't be a good buy in 10 years by the same measure.
- jldugger 6y agoFortune 500 contains privately held companies I don't have the opportunity to invest in. Wikipedia points out the first list "limited to companies whose revenues were derived from manufacturing, mining, and energy exploration" so it makes a little more sense that only 10 percent are still on it. In contrast, VOO is SP500, which is entirely publicly traded and features weightings
- jldugger 6y ago>a lot of the companies on the Fortune 500 are considered good buys from a value investor perspective That, I think, is a citation needed, since IIRC, F500 is derived from revenue not book value.