What Does Nevada's $35B Fund Manager Do All Day? Nothing

Re:What Does Nevada's $35B Fund Manager Do All Day? Nothing by wcoenen on Sunday July 14, 2024 @03:56AM (#40959547)

Picking the S&P500 over a world index because you think it will outperform, has the same problem as picking individual stocks over an index. You can't actually know which will outperform in the future.

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Re:What Does Nevada's $35B Fund Manager Do All Day? Nothing by bluGill on Sunday July 14, 2024 @08:43AM (#40960629)

You don't need to be the best, just do well.

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Re:What Does Nevada's $35B Fund Manager Do All Day? Nothing by throwaway2037 on Sunday July 14, 2024 @08:46AM (#40960648)

Over 40% of revenues from S&P 500 companies come from overseas. That is world enough for me.

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Re:What Does Nevada's $35B Fund Manager Do All Day? Nothing by OJFord on Sunday July 14, 2024 @09:26AM (#40960841)

Or, where in the world do you need to spend your money?

I live in the UK: if I buy the S&P500 over the FTSE100 (or even more so the 250, the next 250 largest companies which are typically more UK-market-oriented) I'm making a US-weighted bet. But maybe I think I'll move there, and should have that exposure. Or maybe I spend a lot of money all over the world and want a more global exposure overall.

I think at least vast majority index is right for basically everybody, but you do still need to think about which index/indices are most applicable to your situation/intentions.

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Re:What Does Nevada's $35B Fund Manager Do All Day? Nothing by humansareok1 on Monday July 15, 2024 @10:20AM (#40968121)

Has the World Index ever outperformed the SP500 over a 40-50 year span?

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