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That ".125% is not much to matter" argument also cuts the other way, against the Matt Levine argument that the S&P is excluding trillion dollar companies and sh

That ".125% is not much to matter" argument also cuts the other way, against the Matt Levine argument that the S&P is excluding trillion dollar companies and should adjust the rules for them. Should S&P really adjust the rules for such a small portion of the index?

tristanj 3mo ago
Yes, because that number increases to 1-2% of the index after the IPO lockup period ends. There are three IPOs coming this year that meet this criteria.
- anonymars 3mo ago
  Then it seems pretty disingenuous to keep arguing it's only 0.125% so it's not a big deal