A hub for independent voices and hard truths
This is the part about index investing that gets overlooked. When you buy SPY or QQQ, you are not choosing individual companies. The fund chooses for you. Because these indexes are weighted by market size, the biggest companies automatically become …
Concentration and risk both maxed out at the same time. Passive equity funds are taking over the market: The three largest S&P 500 ETFs now have a record $2.6 trillion in assets under management (AUM). This represents 17.4% of AUM …
Berkshire fire sells big names and piles into cash… Thierry thread exposes index providers waiving profitability and seasoning rules just for this IPO… Thirty trillion in 401k money now mechanically buys at whatever valuation insiders set… Ted chart shows S&P …
Female student killed, 4 others shot at Brownsville pre-prom gathering Story by Karen Bray Davis MEMPHIS, Tenn. — A high school student has died after a shooting at a pre-prom gathering in Brownsville that left four other people injured Friday …
We’ve been promised a future where technology works for us, not the other way around. Cars that earn money while we sleep, fridges that automatically reorder our food, phones that know our heartbeat before we do. It sounds like a …
Ted Cruz claims Hillary Clinton committed the same crime for which Democrats are persecuting Donald Trump. He asserts that during the 2016 presidential campaign, Clinton’s campaign paid over $1,000,000 to create the Steele dossier, which contained false allegations against Trump. …
by LateApostate The Investment Association keeps a pretty good track of it https://www.theia.org/news/press-releases/net-fund-flows-remain-positive-while-fixed-income-funds-turn-outflow#:~:text=Tracker%20funds%20saw%20net%20retail,6%25. Calastone published figures that show that active funds have seen outflows of USD 8.5 billion from retail investors, while passive funds have seen inflows of USD 6.7 …