The simple premise that S&P500 weights its components based on market cap already puts it lightyears ahead of DJIA. Also including 500 big companies is much mo

The simple premise that S&P500 weights its components based on market cap already puts it lightyears ahead of DJIA. Also including 500 big companies is much more reasonable than including just 30. --- People lately criticize S&P committee for the rule that a company needs to report 4 consecutive profitable quarters in a row to be included. Thanks to this they've missed the boat on Tesla and they had to eventually include it as the 8th largest component. Someone on this forum joked that they should amend the rule to say: A company needs to report 4 consecutive profitable quarters in a row and the CEO name must not rhyme with melon tusk.