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> Index funds are largely held by passive investors such as pension funds. Pension operators are not typically passive. It's a different story to say that may
by coredog64 4mo ago
> Index funds are largely held by passive investors such as pension funds.
Pension operators are not typically passive. It's a different story to say that maybe they should be given that their returns don't always match up with index funds.
- rtkwe 4mo agoThey still hold a fairly large amount of money in index funds "about 19.2 percent for public pension plans and 11.2 percent for corporate plans" [0 (2015)] That's a significant sum of money that will be forced into purchasing SpaceX well before it normally would be. [0] https://www.nytimes.com/2015/03/04/business/pension-funds-trail-individuals-in-embracing-index-funds.html https://www.nytimes.com/2015/03/04/business/pension-funds-tr...