How Did WeWork’s Adam Neumann Build a $47B Company?

Re:How Did WeWork’s Adam Neumann Build a $47B Company? by bitcoinmoney on Monday June 10, 2019 @09:54PM (#20152505)

How do I protect my VTSAX investment if we work goes public and is included in the basket??

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Re:How Did WeWork’s Adam Neumann Build a $47B Company? by patio11 on Monday June 10, 2019 @10:48PM (#20152698)

By doing nothing because you will have less than a basis point of WeWork exposure.

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Re:How Did WeWork’s Adam Neumann Build a $47B Company? by mbesto on Monday June 10, 2019 @11:25PM (#20152821)

This. And they might not put it in the basket. IIRC there is talk that dual-ownership-stock co's are usually debated on whether they go in the basket for obvious (which, let's be honest, WeWork will do, cuz it's hip).

Also, want some more downside protection but want to bet on the market? Check out Fidelity's contrafund.

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Re:How Did WeWork’s Adam Neumann Build a $47B Company? by laluser on Tuesday June 11, 2019 @01:00AM (#20153110)

The whole point of owning something like VTSAX/VTI is that you're not overly exposed to any company. They currently own 3,607 different stocks.

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Re:How Did WeWork’s Adam Neumann Build a $47B Company? by WrtCdEvrydy on Monday June 10, 2019 @10:35PM (#20152656)

VWUSX is the only one who has bought IPOs (Uber and Lyft) in the past. VTSAX usually only dips in technology for large companies.

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Re:How Did WeWork’s Adam Neumann Build a $47B Company? by gowld on Monday June 10, 2019 @10:27PM (#20152615)

Buy a complementary short position, or convert to a less total market index, or don't worry about it because it would be a miniscule portion of VTSAX.

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Re:How Did WeWork’s Adam Neumann Build a $47B Company? by hudibras on Tuesday June 11, 2019 @12:47AM (#20153074)

The whole point of VTSAX is that you don't have to worry about how well any one company does.

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