3 ms·
In the grand scheme of things, this (GME, AMC, etc.) is a really small pool of money at play. For reference, the Norway Oil Fund [1] holds almost 1% of the wor
by sgpl 6y ago
In the grand scheme of things, this (GME, AMC, etc.) is a really small pool of money at play.
For reference, the Norway Oil Fund [1] holds almost 1% of the world's stock which amounts to somewhere in the neighbourhood of 1 trillion dollars. So the overall size of the investable asset universe for pension funds is really large (real estate, private equity, hedge funds, venture funds, stocks, credit/bonds, etc.) and pretty much all well run pension funds have a diversification mandate so there's no concentration in one asset class.
[1] https://en.wikipedia.org/wiki/Government_Pension_Fund_of_Norway https://en.wikipedia.org/wiki/Government_Pension_Fund_of_Nor...