For many years, I have wondered why Dow Jones insists on retaining the antiquated price-weighted calculation for its most prominent index, the Dow Jones Industrial Average. Prior to the availability of computers, I can see why it would be attractive
For many years, I have wondered why Dow Jones insists on retaining the antiquated price-weighted calculation for its most prominent index, the Dow Jones Industrial Average. Prior to the availability of computers, I can see why it would be attractive