那么，让我们从三家公司中最好的业务开始，标普全球，股票代码为SPGI。这家公司运营着全球最大的信用评级机构，并且拥有标普500指数本身。现在，该股今年下跌了约12%，大多数人看到这一点就认为它被压垮了。
但是，有一个几乎所有人都忽略的巨大细节。早在7月1日，标普剥离了整个部门，并直接将其作为单独的股票分发给股东。所以，那所谓的下跌中很大一部分并不是亏损的钱。它是价值被实际分配给了拥有它的人。
剩下的是一个更精简、更干净、极其赚钱的公司，现在以更低的价格交易。
So, let's start with the best business of the three, S&P Global, with the ticker symbol SPGI. This company runs the largest credit rating agency on the planet, and it owns the S&P 500 index itself.
Now, the stock is down about 12% this year, and most people see that and think that's been crushed. But, there is a massive detail almost everyone is missing. Back on July 1st, S&P spun off an entire division and handed it directly to shareholders as a separate stock.
So, a big piece of that so-called drop is not lost money. It's value that was literally distributed to the people who owned it. What is left behind is a leaner, cleaner, insanely profitable company now trading at a lower price.