3 ms·
How long will that persist? Any such company has no chance of being included in e.g. S&P 500 so there's clearly strong pressure in the opposite direction...
by tomp 6y ago
How long will that persist? Any such company has no chance of being included in e.g. S&P 500 so there's clearly strong pressure in the opposite direction...
- caust1c 6y agoWho cares about being in the S&P 500? It's a dumb status symbol and nothing else.
- JumpCrisscross 6y ago> It's a dumb status symbol and nothing else If trillions of tracking dollars with a measurable boost on valuation and trading [1] and thus a measurable reduction in the cost of capital [2] is “nothing else,” then yes. [1] https://www.sciencedirect.com/science/article/pii/S1386418102000460 https://www.sciencedirect.com/science/article/pii/S138641810... [2] https://opus.lib.uts.edu.au/handle/10453/130246 https://opus.lib.uts.edu.au/handle/10453/130246
- deleted 6y ago[deleted]