News for hackers. Stuff that matters.
Re:A long expected update (probablistic programming langauge... by brazzledazzle on Wednesday November 30, 2022 @07:54PM (#33810682)
Why would he ever consider taking responsibility for something when he can't really be held accountable? It should be illegal to take a company public with special voting-only shares.
Re:A long expected update (probablistic programming langauge... by killingtime74 on Thursday December 01, 2022 @12:30AM (#33812713)
It is illegal on some stock exchanges. You are free to only buy your shares there. Also you are free to buy stocks on exchanges that do allow it but don't have two classes. No one is forcing anyone to buy Meta
Re:A long expected update (probablistic programming langauge... by minitoar on Thursday December 01, 2022 @02:12AM (#33813278)
Sorta. Meta is a component of the sp500. It’s pretty difficult to avoid buying that.
Re:A long expected update (probablistic programming langauge... by akiselev on Thursday December 01, 2022 @02:25AM (#33813350)
Just go beat the market.
Re:A long expected update (probablistic programming langauge... by concordDance on Thursday December 01, 2022 @03:50AM (#33813894)
Buy shares of the other 499?
Re:A long expected update (probablistic programming langauge... by minitoar on Thursday December 01, 2022 @08:22AM (#33815856)
It’s also weighted by market cap which makes this a pain to manage.
Re:A long expected update (probablistic programming langauge... by anothernewdude on Friday December 02, 2022 @07:14PM (#33838767)
Actually, you don't even need to go that far, because once you get sufficient coverage of the S&P you're incredibly well correlated.