Comment

Comment by curiousguy

Wouldn’t this be a side effect of everyone buying only indexes funds or ETFs?

Me and other millions of people are investing in our pensions every month and buying ETF (S&P500 or global) and indirectly buying Tesla stocks even if we don’t want to.

The system would need a big shock to cause the ETFs to rebalance and reduce the proportion of Tesla stocks that are part of the index.

parent curiousguy 8 months ago

No comments yet

Be the first to share your thoughts.

Live from the official Hacker News API

A modern reader for Hacker News · SvelteKit + Skeleton