I am rebalancing my 401ks.The banks and hedge funds that provided Musk with liquidity to buy Twitter and to fund SpaceX and now want their money back, and they’re changing the rules so that retail investors are left carrying the can.
here comes the dump
How can they waive that shit without consent of the funds shareholders? Lmao
People think AI will be the "bubble" when really it will be bullshit like this that tanks markets horrifically.
>>62297838>I am rebalancing my 401ks.Into what?
Your mom is their exit liquidity. She will weep and squirm, and there ain't a thing you can do.
>>62297863You're making a serious category error. An Index is not the same thing as an Index Fund, nor does the Index owe any fealty or fiduciary duty to the Index Funds that track them.
>>62297919dividend or value indexes would insta filter any bullshit...like VIG instead of VOO
>>62297838>this forces Boomer $30 trillion dollar pension funds,>money stolen from kids and grand kids>and from the future>and from kids and grand kids getting jobs >this sitting on the side money>is forced to buy SpaceX While I want to cry....... I won't. Money has to work and to create jobs for kids and grand kids.
>>62303780>boomers have to give me all their money while letting me live with them for free or else they're stealing from menot how it works, zoomie. grow up and get a fucking job.
>>62297838same index providers that rejected saylor/strategy from inclusion
matt levine take, pic because archive.is doesnt work with bloomberg anymore
>>62302249schdKREITBThis bullshit makes IEP look solid
What a dumb idea. Imagine doing this with Tesla. Boomers should be thanking Elon for making them more then 3% per year like their current “value”, “dividend”, whatever stupid fund is currently doing
