Great article; thanks for sharing your index construction methodology. I only wish you’d taken the opportunity to say how poor an index the DJIA, based on simple stock prices. While it does have high top-of-mind awareness, investors would be better off if it were no longer cited so often in publications and on business television.
Great article; thanks for sharing your index construction methodology. I only wish you’d taken the opportunity to say how poor an index the DJIA, based on simple stock prices. While it does have high top-of-mind awareness, investors would be better off if it were no longer cited so often in publications and on business television.