Along the way, I meet plenty of folks I would call “fans” of the stock market, particularly the S&P 500 Index. But the investing public has had a love-hate-love-hate-love affair with the stock market, and especially the S&P 500 Index, for nearly 20 years. So now I am adding to that thought by giving the S&P 500 some “easy” competition over that time period. The S&P 500 index is a very helpful list of the largest public companies in the U.S. stock market. What I rebel against is the self-fulfilling prophesy that S&P 500 Index funds have become.
Source: Forbes December 21, 2018 16:52 UTC