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S&P 500 rejects SpaceX, also blocking entry for OpenAI and Anthropic
(arstechnica.com)
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this post was submitted on 06 Jun 2026
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I mean, every company I participated in just give a menu of 20 or 40 mutual funds, targeting different maturation points or Industries, and people absolutely are allowed to pick which funds they want their 401K allocated into. It's just going to require an additional 10 minutes of searching to find out how much AI diaper load is riding in your preferred funds, and possibly having to forgo growth funds and total index funds for some number of seasons.
Personally, I just moved to roughly 40% in Int'l funds despite ASML and TSMC being featured prominently, because it is still a net reduction in exposure and because I need the diversification (~10% a S&P 500' value is directly exposed either AI or semiconductor, and roughly 33% of S&P 500 is straight Tech of some flavor).
We had a zoom meeting with my elderly mother's investment adviser recently and expressed our concern about the AI bubble. He of course said he didn't think it was a bubble; his main argument was "these CEOs are smart people and they're legally obligated to preserve the financial health of their companies so they wouldn't be going in for anything that had the potential to be a bubble". Conveniently ignoring all the other bubbles in history when the CEOs were "smart people".
Ah, yes, is this a portrait of her advisor?
Ah yes, Raymond gripping hands with James.
Completely unrelated, if you have chickens I hope they are doing splendidly.
World needs a lot more backyard chickens.
I am actually chickenless and male and I hate life. My name is a Kids in the Hall reference.
I dig KITH, but I love chickens more. Also: identify as dude.
Every time I try to introduce someone to that show we start Ina eaosn own and I think I traumatize them.
It's a fact!