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I guess I could have explained that better. What I was trying to express is that money managers who are working with very large sums of money have difficulty g
by droopybuns 11y ago
I guess I could have explained that better. What I was trying to express is that money managers who are working with very large sums of money have difficulty getting out of very large positions.
Some companies have 401ks plans that are working with very large sums of money. This problem doesn't apply to all 401ks. This wasn't the best example.
Um... not sure what to do with your comments on the shill ecosystem.
- harryh 11y agoWhat is a circumstance in which the assets under management for a company 401k would need to get out of a very large position?
- droopybuns 11y agoThe fund manager decides to invest elsewhere? Here is Fidelity's Contrafund summary: https://fundresearch.fidelity.com/mutual-funds/composition/316071109 https://fundresearch.fidelity.com/mutual-funds/composition/3... FACEBOOK INC A BERKSHIRE HATHAWAY INC CL A WELLS FARGO & CO ALPHABET INC CL A APPLE INC AMAZON.COM INC ALPHABET INC CL C VISA INC CL A STARBUCKS CORP NIKE INC CL B % of Total Portfolio 31.30% I guess a worst case scenario is one of the core assets went out of business. The asset portfolio doesn't stay static- if you look at the site above, it says that these are the assets as of a specific date.