4 ms·
>I feel that what this article is telling me is that passive funds are becoming active funds by way of manipulating the index itself. It's wrong. They're undoi
by l23k4 4mo ago
>I feel that what this article is telling me is that passive funds are becoming active funds by way of manipulating the index itself.
It's wrong. They're undoing a previous manipulation and making the index more accurately reflect the market.
- orwin 4mo agoExplain to me how adding weights to the float is undoing a previous manipulation and not manipulating the numbers.
- l23k4 4mo agoThat's the Nasdaq-100 lol who cares? Are you buying it? It is literally just an arbitrary bucket of stocks.
- orwin 4mo agoThat's just deflection to avoid answering. I wonder if it's a product of cognitive dissonance or if it's voluntary.
- l23k4 4mo agoIt's perfectly legitimate for me to reject outright the idea that anything Nasdaq-100 does matters. Why do you think anything that Nasdaq-100 does would matter?