| ▲ | lovich an hour ago | |
> Baseball rules exist to prevent cheating. > The S&P rules exist so the index can accurately reflect the market. I personally believe that accurately reflecting a market involves not allowing cheating. I personally believe that getting to change the rules so that your IPO gets included before the general market can discern your value because of your connections to the benchmarks is cheating. If you want to disagree with me on these points then please do so, but understand why I am claiming that this behavior is cheating. | ||
| ▲ | tristanj 35 minutes ago | parent [-] | |
> getting to change the rules so that your IPO gets included before the general market can discern your value because of your connections to the benchmarks is cheating. I disagree with you because you are vastly exaggerating the scope and effects of the proposed rule change. S&P was going to decrease their minimum index inclusion time from 12 months to 6 months. 6 months is far more than enough time for the market to decide a fair price of an equity. There is zero "cheating", I don't understand why you keep harping on that. | ||