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Who cares about being in the S&P 500? It's a dumb status symbol and nothing else.
by caust1c 6y ago
Who 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]