How the DJIA Can Be “Managed” for a Wide Range of Values
Is the Dow Jones Industrial Average (DJIA) really pushing its 2019 year end close during a period of a global coronavirus epidemic? Strangely enough, the answer is dependent on the answer to another question, “what do you mean by the Dow?” That question is particularly germane this year, when the 30 stocks of the Dow have experienced an unusually high turnover of three positions (10%). So the index is not “apples to apples” between even one end and the other of 2020.Q2 2020 hedge fund letters, conferences and moreThe Implications Of Apple's Stock Split For The DowThe catalyst for the change wa...