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[-] btbt@hexbear.net 18 points 1 day ago* (last edited 19 hours ago)

Didn’t a bunch of indexes also make a rule that basically meant a bunch of hedge funds/pension funds were forced into buying SpaceX at IPO to drive the price up even more? I wonder how that’ll factor in to the global us-foreign-policy index’s corruption rating for the US clueless

[-] KurtVonnegut@hexbear.net 23 points 1 day ago* (last edited 1 day ago)

Actually most indexes rejected that requirement, it's only the Nasdaq that is forced to buy: https://finance.yahoo.com/markets/stocks/articles/nasdaq-cheated-changed-laws-fit-193113947.html

[-] btbt@hexbear.net 16 points 1 day ago* (last edited 1 day ago)

That’s good to hear, I remember when Nortel crashed here in Canada it fucked over so many retirees, hopefully that won’t happen in this case

[-] invalidusernamelol@hexbear.net 11 points 1 day ago

My 401k is mostly Vanguard index and it's still doing okay. Up ~10% this year? I think that's mostly oil...it only has like $5k in it so it's not like it really matters anyway lol

this post was submitted on 19 Jul 2026
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