Talk:Stock market index
From Academic Kids
I've heard some significant figures, e.g. John Templeton, say flatly that all stock market indexes are ethical indexes with respect to the buying public's minimum criteria to trust *any* stock - and that over time all indices in all industries must emulate the ethicals in applying mechanical criteria such as scenarios (so-called 'mark to future'). That standards for the index may go down over time but the buying public will not want sudden surprises on scale of Enron. Biggest noise on this subject is Ron Dembo.
If that's even remotely true, ethicals and mechanicals require much much more space than industry indices.
Warren Buffet is more of a disclosure bug...
- Can someone explain how the index figures are calculated? adamsan 15:56, 31 Dec 2004 (UTC)
