"Since 2015, nearly 180 S&P 500 companies have been replaced, which is about a third of the index. This means that a significant number of companies have been removed from the S&P 500, reflecting a dynamic and evolving market landscape."
lol no. Not even 20% have ceased to exist either through bankruptcy or M&A activity. S&P components are added/removed due to growth/declining market caps. An example would be the recent spate of inclusions due to growth in AI. What exactly is your value-add?
his value add is to serve as a cautionary tale of what senility and ignorance can do to someone. necksium!
He should be in a PSA on the dangers of active-investing. If ever there was a poster-child for index trackers. He could make a decent living as a Vanguard spokesperson (between AstraZeneca shoots).
"S&P Dow Jones Indices updates the components of the S&P 500 periodically, typically in response to acquisitions, or to keep the index up to date as various companies grow or shrink in value.[3] Between January 1, 1963, and December 31, 2014, 1,186 index components were replaced by other components." 186 of 500 - my math says that equates to 37%. https://en.wikipedia.org/wiki/List_of_S&P_500_companies#Selected_changes_to_the_list_of_S&P_500_components[/QUOTE]
Bro, he stated "no longer exist" which would mean cease operations either through voluntary shutdown, bankruptcy, M&A. I've stated everything you've written here.
90% of all Biotechs either fail in 5 years or have significant value destruction over the course of their existence. Most biotechs exist, not because they have a cure, but because they have gullible investors. And, even with a FDA approval, if the biotech is not bought by big pharma within the next 6 months..its almost impossible to bring the drug to market successfully. Vegas would say.."shorting biotech has amazingly great odds of success". https://academic.oup.com/biostatistics/article/20/2/273/4817524 "Previous estimates of drug development success rates rely on very small samples from databases curated by the pharmaceutical industry and are subject to potential heavy biases." https://uaroceania.org/news/why-do-90-of-drugs-fail "very few drugs brought to forefront after success with mice studies have any success with humans whatsoever"
Who is the fool now, Florida man. Markets just exploded thanks to Trump making yet another deal (did you even read his book?) Bro, do you even trade?