McQuarrie, Edward F. - 2017
Second of three appendices to:'http://ssrn.com/abstract=3011486' http://ssrn.com/abstract=3011486. Critiques design and construction of predecessor indices of 19th century US stocks, including Smith and Cole (1935), Goetzmann, Ibbotson and Peng (2001), Macaulay (1938) and Cowles (1938)