Comment on The SpaceX IPO will be the theft of the centuryparentComments−l23k43moI 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.−orwin3moExplain to me how adding weights to the float is undoing a previous manipulation and not manipulating the numbers.−l23k43moThat's the Nasdaq-100 lol who cares? Are you buying it? It is literally just an arbitrary bucket of stocks.−orwin3moThat's just deflection to avoid answering. I wonder if it's a product of cognitive dissonance or if it's voluntary.−l23k43moIt'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?
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It's wrong. They're undoing a previous manipulation and making the index more accurately reflect the market.
Explain to me how adding weights to the float is undoing a previous manipulation and not manipulating the numbers.
That's the Nasdaq-100 lol who cares? Are you buying it? It is literally just an arbitrary bucket of stocks.
That's just deflection to avoid answering. I wonder if it's a product of cognitive dissonance or if it's voluntary.
It'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?