TIL: Today I Learned

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TIL that since 1929 the US stock market has risen on 54% of the days; in 58% of the months; and in 73% of the years.
 
Beware. The Dow is not the stock market.
Of course. The S&P 500 big boys is closer; a total stock market index is best to mimic the market.
 
Of course. The S&P 500 big boys is closer; a total stock market index is best to mimic the market.

Is there a S&P 500 index adjusted for the effects of mergers & acquisitions and the effect of replacement of companies in the list ?
 
Is there a S&P 500 index adjusted for the effects of mergers & acquisitions and the effect of replacement of companies in the list ?
One would assume, but to be sure I went to Wiki and found, as expected, things are more complicated than one would think.

https://en.wikipedia.org/wiki/S&P_500_Index

Currently there are 505 companies in the index, not all are American

Spoiler :

Selection criteria[edit]
The components of the S&P 500 are selected by a committee. This is similar to the Dow Jones Industrial Average, but different from others such as the Russell 1000, which are strictly rule-based. When considering the eligibility of a new addition, the committee assesses the company's merit using eight primary criteria: market capitalization, liquidity, domicile, public float, sector classification, financial viability, and length of time publicly traded and stock exchange.[5] Each of these primary criteria have specific requirements that must be met. For example, in order to be added to the index, a company must satisfy the following liquidity-based size requirements:[5]

  1. Market capitalization must be greater than or equal to $6.1 billion USD
  2. Annual dollar value traded to float-adjusted market capitalization is greater than 1.0
  3. Minimum monthly trading volume of 250,000 shares in each of the six months leading up to the evaluation date
The committee selects the companies in the S&P 500 so they are representative of the industries in the United States economy. The securities must be publicly listed on either the NYSE (including NYSE Arca or NYSE MKT) or NASDAQ (NASDAQ Global Select Market, NASDAQ Select Market or the NASDAQ Capital Market). Securities that are ineligible for inclusion in the index are limited partnerships, master limited partnerships, OTC bulletin board issues, closed-end funds, ETFs, ETNs, royalty trusts, tracking stocks, preferred stock, unit trusts, equity warrants, convertible bonds, investment trusts, ADRs, ADSs and MLP IT units.[5]

The index includes non-U.S. companies, both formerly U.S.-incorporated companies that have re-incorporated outside the United States, as well as firms that have never been incorporated in the United States.


Here is the current list.
 
Amazon allows customers to search for books in five time periods:
  • Medieval
  • Renaissance
  • 18th Century
  • 19th Century
  • 20th Century
I guess nothing written in the 21st Century is worth reading. :coffee:
Well, the 21st century still has awhile to go before it's finished. They'd be constantly updating the list.

But notice that nothing pre-medieval seems worth reading, either. Where do they classify authors such as Tacitus and Suetonius?
 
Presumably in the same place as Socrates, St Augustine and the Venerable Bede.
 
I think that they're each rather too dense to make good bathroom reading.
 
I don't think Synsensa meant he'd use them for reading.
 
So is St. Augustine. ;)
 
@Arakhor
TIL that Berzerk (at least the anime, but i suppose also the manga) uses an adaptation of Browning's "Childe Roland to the Dark Tower came".

An issue with that poem is that its title is the coolest part of it.
 
TIL that the scenery at the TWIN PEAKS restaurant chain isn't like that at the rain forest cafe. DOH.
And to think I've driven by it for years assuming there were murals of mountain chains on the walls. What a dolt.
 

Bede had been dead almost three centuries by then. I'd certainly include Charlemagne and Alcuin in the Early Middle Ages and maybe even Bede, but I'm wouldn't extend it all the way until the fall of Rome.
 
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