3 ms·
We can't know unless we know how much meta he bought and how much s&p he owns (if any). But 5% is probably much more than anyone should allocate to a single st
by thunky 4y ago
We can't know unless we know how much meta he bought and how much s&p he owns (if any).
But 5% is probably much more than anyone should allocate to a single stock.
And just to demonstrate my point, he could have bought 1 share of meta a couple months ago for $100. And he could have $1 million in his 401k.
- sicp-enjoyer 4y agoAnd that 1 share still outperformed the equivalent amount of S&P.
- thunky 4y agoRight, but my original point was that no normal person (including OP) dares to take such a risk with a single stock, so in real life there is no "equivalent amount of S&P" in the equation.
- kgwgk 4y ago> But 5% is probably much more than anyone should allocate to a single stock. With the exception of Apple?