| ▲ | LPisGood an hour ago | |||||||
It may list fast, but it covers many more securities from what I understand so it’s insulated. I think the fact is that any broad market ETF is gonna own at least some piece of a $1 trillion company. | ||||||||
| ▲ | svachalek 17 minutes ago | parent | next [-] | |||||||
The additional securities it includes are weighted by market cap though. So a total market fund ends up being 80% S&P 500, and even if they add thousands more companies those all fit in the 20% slot. | ||||||||
| ▲ | felixgallo an hour ago | parent | prev [-] | |||||||
well that's the problem, right? There is no justification for a trillion dollar Elon Musk valuation. And he and his investors know this. That's why they're trying to change the rules to dump the stock while it's irrational on every investor in the world. If they really believed in the value of the company, would they be bribing people to scam the index funds? | ||||||||
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