@gfc4 Something that gives a market participant the opportunity to consistently extract meaningful value from the market. By its nature, enough participants can not know or execute consistently on the edge, otherwise it fades/disappears
What most people are getting wrong about the SpaceX IPO: Both the Nasdaq-100 and S&P 500 use float-adjusted market cap, not total market cap, for index weighting. SpaceX float at IPO is tiny relative to total market cap. So it'll be a very tiny % of your index fund.
What most people are getting wrong about the SpaceX IPO: Both the Nasdaq-100 and S&P 500 use float-adjusted market cap, not total market cap, for index weighting. SpaceX float at IPO is tiny relative to total market cap. So it'll be a very tiny % of your index fund.
@ShanuMathew93 I understood and saw the vision of the space launch+Starlink (kewl space) side of the business, but now with this AI component it feels convoluted and it's harder for me to understand and feel comfortable continuing to hold a mega position. Particularly at these prices...
So it cost $70-100 billion of taxpayer money to bomb Iran.
Another $300 billion tacked onto the taxpayers for reconstruction
Donโt forget the increased cost of crude which was roughly 45-55 billion dollars extra over the last 90 days.
What did we get in return for that half trillion dollars?