Re:The SpaceX IPO Will Be the Theft of the Century
by l23k4 on Thursday June 04, 2026 @03:08AM
(#48395145)
> Index funds are for people who don't want to know about the details and put the work in. They go by general recommendations.
Oh yes, all those poor giant institutional money managers who don't care about the details would be so shocked if only someone told them about this "rug pull".
>Now the underlying rules got changed, undeniably in favor and through pressure of few individuals.
This is ridiculous. The entire purpose of index funds is to reflect the market, the rules are being changed to enable the funds to better reflect the market.
Basically everyone who wants broad index funds wants this. If you don't want this, you simply need to look for a different product.
Oh yes, all those poor giant institutional money managers who don't care about the details would be so shocked if only someone told them about this "rug pull".
>Now the underlying rules got changed, undeniably in favor and through pressure of few individuals.
This is ridiculous. The entire purpose of index funds is to reflect the market, the rules are being changed to enable the funds to better reflect the market.
Basically everyone who wants broad index funds wants this. If you don't want this, you simply need to look for a different product.