@article {Keppler15, author = {Michael Keppler and Xing-Hong Xue}, title = {Remarks on the Calculation of Earnings in the S\&P 500 Index}, volume = {20}, number = {3}, pages = {15--17}, year = {2011}, doi = {10.3905/joi.2011.20.3.015}, publisher = {Institutional Investor Journals Umbrella}, abstract = {Jeremy J. Siegel questioned Standard \& Poor{\textquoteright}s methodology regarding the earnings calculation of the S\&P 500 Index, arguing that it gave far too much influence to firms with big losses and low market values, and thereby gave a distorted valuation to the S\&P 500 Index. While Siegel{\textquoteright}s arguments are understandable from an investor{\textquoteright}s point of view, his suggestions on how to address the issue are questionable.TOPICS: Mutual funds/passive investing/indexing, statistical methods, security analysis and valuation}, issn = {1068-0896}, URL = {https://joi.pm-research.com/content/20/3/15}, eprint = {https://joi.pm-research.com/content/20/3/15.full.pdf}, journal = {The Journal of Investing} }