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michael t

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michael t

Re: cliffvb post# 44072

Saturday, 01/20/2018 4:36:30 PM

Saturday, January 20, 2018 4:36:30 PM

Post# of 116647
cliff

I don't really follow your reasoning. I see an index as ownership of a small slice of the amalgamation of all of its components. Cherry picking only the profitable companies doesn't reflect that you actually own a slice of the loses as well.

There are a lot SEC reporting companies that own multiple subsidiaries. Would you accept them reporting only the earnings of subsidiaries that make a profit?
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