Erik Rood personal blog
Why the Dow is a useless market index
The Dow Jones Industrial Average (or 'the Dow', ^DJI, DJIA), is a stock market index created back in 1896 by Charles Dow, a journalist. The goal of the index is provide a view of the stock market's health. The Dow is an index of just 30 (arbitrarily chosen) stocks, weighted by the stock prices of its component…
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- 129
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- 63
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Tech Industry & BusinessMath & Algorithms2017
On Hacker News
| Submitted | Title on HN | Points | Comments |
|---|---|---|---|
| Apr 9, 2017 | Why the Dow is a useless market index by qwerty2020 | 129 | 63 |