991–1000 of 1001 posts
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Is there something up with your Twitter account?
Retirement accounts have to passively invest, but not in S&P500 specifically I think. I'm sure there will be passive funds that don't adapt the rules change. edit: Google informs me that you can change the stock allocation in your 401k at any time.
If I buy the SpaceX stock it's 100% certain to go down. If I don't buy it it will rocket to the moon. Is there some sort of way I can positively monetise this?
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you can replace “google” with every company that exists or has ever existed so no sure what the purpose of your comment is unless you are pitching abolishing the stock market. google is what they are because they make shitton of money and will continue to do so (more and more) into foreseeable future. that is stock market, always has been, always will be
if kroger shut its doors, my life would be much worse
So they're not just racing to gain dominance in AI, they're also racing to IPO before the music stops? IPOing and getting a bunch of cash, even if your stock subsequently suffers in the crash, is a lot better than being unable to get that capital infusion before the house of cards collapses.
People keep predicting "house of cards" and keep being wrong. AI bubble was supposed to burst as far back as 2023. When was the last time since 2009 there was a $500+ billion tech valuation that lost 90% or more? After a certain point , 100% market penetration is achieved and these products become mainstream and profitability follows. See Uber and Tesla for examples.
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This kind of doesn't make sense. You don't park "money" "in" crypto. Crypto sits there, with its value set at the last sale price. There's nothing to stop the next sale price taking its value to zero without anything happening to real money other than some of it changing hands. It's not like crypto holders can sell $2.5T of crypto and plough it into equities, for a start some other investor will have to buy it from t…
Explain to me how crashes work then, isn't it when there is an inconsistency on supply vs. demand? It just takes a narrative shift to tumble it - ex: quantum to break crypto security.
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What can those of us who are passive investors do to protect ourselves?
You protect yourself by understanding that this is one infinitesimally small cost (expressed as a fraction of your portfolio returns) that doesn't overcome the benefits of maximum diversification and the ultra-low fees of broad-based ETFs. Buy MSCI World, enjoy the 0.04% p.a. fees and minimal idiosyncratic risk, and relax. Index rebalance traders will reduce your annual returns by less (probably much less) than 0.1%,…
They are stealing your money with make believe numbers, but just suck it up.
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Why would you accept this? Who does this serve? I want to believe the world is full of good people but I read stuff like this and realize otherwise.
Why do you assume SpaceX will be a failure? Do you have a track record of being correct on Elon companies? If SpaceX succeeds and its in the SPY from day one that serves everyone who owns index funds.
There is not enough money in space exploration, let's be real. SpaceX biggest customer is itself. Hence the vaporware about datacenters in space.
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Retirement accounts have to passively invest, but not in S&P500 specifically I think. I'm sure there will be passive funds that don't adapt the rules change. edit: Google informs me that you can change the stock allocation in your 401k at any time.
What? Have you been replaced with a whole-sentence markov chain? https://x.com/FeepingCreature please look at your X account.
Yeah I don't know what's going on, they banned me for being a spambot or something. Then they unbanned me again, I got the email, but the site hasn't caught on it seems. If it's still banned in a few days I'm gonna remind them about the DSA again. Technical issues are not an excuse to get out from legal obligations.
For SpaceX (and possible the others): Yes it can, since they changed the rules to force over $30 trillion in passive 401k and retirement money to buy SpaceX at IPO valuations. From https://x.com/Hedgeye/status/2060435253928604065 : "Rule changes for the SpaceX $SPCX IPO: Index providers waived the profitability requirement and cut the seasoning window from 90 days to 5. This forces over $30 trillion in passive 401k a…
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I very much disagree that it's coming. I think we need to completely reset our expectations of how the market works. There's been nearly an entire generation working in this "new" bull market, where things like EPS mean absolutely nothing and speculation no longer requires actual returns.
It’s unfortunate, but this exact sentiment precludes every market crash. Just before dotcom burst it was the same thing. Technology will change everything the nasdaq will continue to grow in the technology age, etc etc. eventually the chickens come home to roost as they say