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They probably mean Intel shareholders 'holding the bag' as their once-valuable stock tanks. Which is probably a lot of us through 401ks alone
by cheeseomlit 2y ago
They probably mean Intel shareholders 'holding the bag' as their once-valuable stock tanks. Which is probably a lot of us through 401ks alone
- pavlov 2y agoOh. Well, the stock already tanked. If a stock loses 75% of its value and you barely notice, then the remaining 25% doesn’t matter either. For most passive investors, an individual stock’s weight is a technical detail that’s handled by automatic portfolio adjustments. The total market cap of semi sector stocks is way up despite Intel, so anybody who didn’t try to actively pick winners has done well.