What Can We Learn From GE’s Removal From Dow Jones Index?
GE was booted out of Dow Jones Industrial Index last week. This caused some media sensation. For example, The Wall Street Journal stated in the article titled as GE Drops Out of the Dow After More Than a Century as:
a milestone in the decline of a firm that once ranked among the mightiest of blue-chips and was a pillar of the U.S. economy.
We at MyPlanIQ have long maintained that one should never just simply buy and forget a business, being a stock or a fund, regardless of how wonderful the business is. In this newsletter, we want to delve into this subject in some details.
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