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A comment on Google will pay SpaceX $920M per month for compute. Parent comment

Re:Google will pay SpaceX $920M per month for compute by derektank on Saturday June 06, 2026 @02:31PM (#48427614)
>The beauty of the index is you don't have to know or care, since it'll take care of itself over time

As long as there are active investors in the market conducting price discovery. Which there always will be, just pointing out that someone has to care, even if you don’t

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Re:Google will pay SpaceX $920M per month for compute by worik on Saturday June 06, 2026 @06:52PM (#48429852)
> As long as there are active investors in the market conducting price discovery. Which there always will be,

Passive funds dominate ow, don't they?

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Re:Google will pay SpaceX $920M per month for compute by derektank on Saturday June 06, 2026 @09:11PM (#48430793)
Depends on what you consider passive, I think index funds specifically are only 20% but if you add other low cost ETFs it’s probably about half the market. I don’t think there’s any way to know for sure at what point passive funds become distortionary, but it should be self correcting to some degree. If active funds are able to provide a substantially better return than passive funds, even with management fees, people will migrate back to them.
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