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by walshemj 2760 days ago
How long has AT&T been in the dow jones index or IBM or Coca Cola ?
1 comments
darawk 2760 days ago
A long time. What are you getting at?
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walshemj 2759 days ago
So index funds would have to hold AT&T long term.
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darawk 2759 days ago
Did you read what I said about that?

> The index fund managers are not long term investors in these corporations. The people who own the index's shares are, and they are deferring their votes to the managers right now.

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