PLAT: WisdomTree Modern Tech Platform Index
Platform business models are the dominant business model of the 21st century so why isn't there an easy way to capture this opportunity in the stock market? There are over 70 public platform companies and that number will continue to rise. PLAT and WMDPL Index don't decide between the winning or losing platform stocks. Instead, it assumes that platform businesses, as a whole, will outperform the market. Not only will they outperform the market, they will outperform non-platform, tech stocks like SaaS companies.
In May of 2019, WisdomTree launched WMDPL, world’s first Index and associated ETF that is comprised exclusively of platform business models as defined in the book, Modern Monopolies.
