Tesla Not (Yet) Admitted to S&P 500 Index

Investors in Tesla have once again experienced disappointment with the decision by the S&P 500’s index committee’s decision to leave Tesla once again out of the respected index. Hope is not completely extinguished for Tesla cheerleaders. It often happens that mergers of other companies already on the index will leave a space for the iconic […]

Parplus Fund Has No Management Fees

James Carney, founder of Parplus Partners, says his fund will never take a management fee. He will, instead, charge his clients a performance fee when and if his funds surpass the S&P 500 stock index. “Eat what you kill. That’s what I’ve been doing for 34 years,” said Carney, who is also the fund’s CEO. […]