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The S&P 500 index criteria didn’t allow this sort of nonsense starting in 2017, but they relaxed the rule again to allow dual class listings to be included in t
by quickthrowman 5mo ago
The S&P 500 index criteria didn’t allow this sort of nonsense starting in 2017, but they relaxed the rule again to allow dual class listings to be included in the index in 2023.
Not looking forward to SpaceX.AI.Twitter’s eventual inclusion, I do not like founder controlled publicly traded companies.
- rapsey 5mo ago> I do not like founder controlled publicly traded companies. These companies outperform the market though.
- quickthrowman 4mo agoI can’t deny the effects that Google and Meta have had on my own index fund performance, and it looks like 8% of S&P 500 companies have that structure. I do understand it provides stability for longer term leadership which is good, ideally there would be a sunset provision which converted the supervoting shares to normal shares after a certain amount of time.