- Wealth PMS (50L+)
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Following up from the Macronomics piece this week (Your Guide to the Market Index) lets consider a strategy to build an index that contains all stocks but weights them equally.
Consider this argument. Certain stocks are at the top of the heap today. But they will lose their top criteria and others will take their place. Reliance headed the market-cap table for a very long time, until it was pushed out by . . .