The most SHAMELESS structural manipulation of a index I've ever seen (substack.com)

by Zigurd • 8 comments • 67 points

8 comments

[−] tim333 63d ago

Patrick Boyle also has a recent youtube on the "SpaceX IPO Scandal" https://youtu.be/8rS3fTbC7TE and discusses the post briefly (28m)

[−] iberator 63d ago

Very scary. Even European funds are gonna be affected if they invest into an index.

[−] amadeuspagel 63d ago

Is there a way to invest in an index fund minus certain companies?

[−] Zigurd 63d ago

I haven't heard of such a thing. I guess you could roll your own by buying derivatives that would effectively remove the influence of a particular stock from your index fund investment. Seems like a fintech opportunity doesn't it?

[−] mojomark 63d ago

$1.75T / 25,000 employees = $70M/employee. That's pretty impressive.

You would think even the lowest paid employees performing routine labor at the company would be pulling in multiple 6-figure salaries. I wonder if that's the case?