Meet The $100 Billion Company Behind The S&P 500
发布时间 2022-02-04 20:00:05 来源
摘要
The S&P 500 is one of the cornerstones of investing. If you’re not sure which stocks to pick or you don’t want the hassle of managing a portfolio, one of the best options is to just passively buy into an S&P 500 based index fund. Even if you are willing to actively invest, it may still be a good idea to allocate at least a portion of your portfolio to index funds. After all, index funds have had a track record of beating out hedge funds and even investing legends like Warren Buffett and Ray Dalio. Despite how important the S&P 500 is, most people don’t know very much about the company behind the index S&P Global. S&P Global was originally a merger of two stock news companies called Poor & Company and Standard Statistics Company. The joint company was eventually bought by McGraw Hill, and for decades McGraw Hill was the people behind the index. But, more recently, they changed their name to S&P Global to better represent their financial business. This video explains the story of S&P Global and how they became the king of index funds.
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Timestamps:
0:00 - S&P 500
1:07 - Poor & Co
3:49 - Standard Statistics Company
6:32 - McGraw-Hill
8:41 - Index Fund Craze
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