FYI: (The Linkster has owned SPY on and off for many years. At present it is my largest position, being established in early 2009, and adding to it on various occasions.)
The SPDR S&P 500 ETF (SPY), which turns 25 next month, is The Clash of investing: counterculture and revolutionary for its time, now a favorite of those in business suits and corner offices the world over.
Regards,
Ted
http://www.etf.com/sections/features-and-news/spy-25-institutional-rock-star?nopaging=1