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Amazon is up 60% TYD and is the second largest company in the world. It would be more surprising if someone didn't own AMZN.
by nemothekid 6y ago
Amazon is up 60% TYD and is the second largest company in the world. It would be more surprising if someone didn't own AMZN.
- gruez 6y ago>It would be more surprising if someone didn't own AMZN. That's only true if you include ETFs/mutual funds/pensions, but I don't think you need to make a disclosure in those cases.
- sigstoat 6y agoi don't have a strong opinion myself, but i think you could make an argument that if you've got an S&P500 ETF, disclosing that you own any of FAAMG would be reasonable since they're all >2% of it. in this case owning some S&P500 ETF in significant quantity would be to his credit: MSFT would be 6% of holdings, to AMZN's 4.49%.
- acdha 6y agoThat argument seems to work both ways: if you have an index fund, juicing MSFT would be offset by the loss for the other ones since you own a fraction of all of the major players.