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Afaik this is the first time that an IPO is big that it immediately gets a significant share of a broad market index fund. The rules among the providers are act
by qznc 4mo ago
Afaik this is the first time that an IPO is big that it immediately gets a significant share of a broad market index fund. The rules among the providers are actually quite diverse, so it's complicated. The Rational Reminder podcast discussed it in April: https://rationalreminder.ca/podcast/406 https://rationalreminder.ca/podcast/406
Their conclusion: It might be bad, but so be it. No need to change strategy.
- lanthissa 4mo agoif you want to personally manage your risk you can by taking a small short position or buying long dated puts. It being in the public markets is something you can deal with if you want. It being in private markets means you cannot choose to participate in the upside if you want.
- nothercastle 4mo agoThe episode was excellent