Re:Facebook shareholders are getting fed up with Zuckerberg ...
by SilasX on Wednesday April 17, 2019 @05:03PM
(#19686460)
True, there isn't an S&P499. But:
1) There are mutual funds that do stick to "value" stocks i.e. low P/E ratios, which would exclude companies like FB.
2) If you really want to, you could take a short position that cancels the exposure to FB in an S&P index fund. (I don't know how legal that is in a retirement fund, but I know you can buy ETFs that have short positions in them, so it should be legal in principle.)
3) People hold actively managed funds in their 401ks (though I don't advise it myself), and those funds may decide against such stocks as FB.
Fair point that large-cap index funds will have notable exposure though.
1) There are mutual funds that do stick to "value" stocks i.e. low P/E ratios, which would exclude companies like FB.
2) If you really want to, you could take a short position that cancels the exposure to FB in an S&P index fund. (I don't know how legal that is in a retirement fund, but I know you can buy ETFs that have short positions in them, so it should be legal in principle.)
3) People hold actively managed funds in their 401ks (though I don't advise it myself), and those funds may decide against such stocks as FB.
Fair point that large-cap index funds will have notable exposure though.