> S&P 500’s 12-month seasoning and 4-quarter GAAP profitability requirement → waived
replyS&P hasn’t announced a final rule change yet.
Yeah, right.
reply> Yeah, right
replyYes. Literally right.
Are you seriously under the illusion S&P is second guessing or reconsidering its plans? There's no evidence of that.
reply> the illusion S&P is second guessing or reconsidering its plans?
replyThere is no second guessing because no decision has been made. A consultation was put out. I’m expecting it will be adopted in parts. Like, the market hasn’t priced in a full rebalancing.
People buying into space x are basically telling Musk to do anything he wants with their money, no questions asked...
replyAnd CRSP (VTI)
reply