henry2023 3 hours ago

Soon to be part of your portfolio if you hold Nasdaq 100 or S&P 500 trackers line QQQ or SPY.

eclipsetheworld a few seconds ago | parent | next [-]

Collectively, Alphabet (Google), Amazon, Microsoft, and Nvidia already own approximately 25 - 35% of OpenAI and Anthropic respectively. They already are a part of your portfolio.

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sixhobbits 2 minutes ago | parent | prev | next [-]

Afaik, Nasdaq removed the seasoning rules to include it from the start, S&P would usually be only a year after IPO but they are also discussing changes

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seydor 2 hours ago | parent | prev | next [-]

What will managed funds do?

Are we now suggesting people get out of index funds?

Worse, will this and spacex ipo destroy the index funds?

	▲	karmakurtisaani an hour ago \| parent [-]
		Destroy is a strong word. Rather, it will make the pension funds and passive investors the bag holders for the oligarchs.

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derwiki 2 hours ago | parent | prev | next [-]

Upside of robo advisors?

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coliveira 2 hours ago | parent | prev [-]

ETFs are a trap. Put most of your money in single stocks. It is ok to diversify, you don't need an ETF for this.

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pixelatedindex an hour ago | parent | next [-]

> It is ok to diversify

Nay, it is not just “ok”. It is imperative that you diversify if you want a strong and resilient portfolio.

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sentientslug 2 hours ago | parent | prev [-]

This is terrible advice, are you buying and self balancing hundreds of different stocks?

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conception 43 minutes ago | parent | next [-]

I can’t say I’ve tried this but the thought just came to me that generating such trades would be trivial to do monthly now.

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NewJazz an hour ago | parent | prev [-]

Direct indexing is a thing.

	▲	ifwinterco 14 minutes ago \| parent [-]
		It’s a thing but your order execution won’t be as efficient as an ETF, so you will be losing a non-negligible amount each year in slippage from the large number of small transactions