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> There is a massive downside to premature inclusion of a stock that is initially overvalued

Define “massive”. SpaceX is only 1.2% of QQQ.

Can I please have 1.2% of your total net worth

Sure, just give me SpaceX shares equivalent to 1.2%.

uh oh I think you lost the thread of metaphor there.

how embarrassing! Look, your joke was "If it's only 1.2%, hey, that's not that much, just give it to me for free!" We don't have to believe SPCX is worth whatever it's trading at today, but that 1.2% isn't simply being given away. Under capitalism, money is exchanged for goods and services.

FWIW, I read their joke differently: you were the one who said "only 1.2%", and they turned that on you by asking for you to part ways with "only 1.2%" of your net worth.

They are not questioning money exchange, they are questioning the "only" part, claiming this is significant.

Yes

No, but I will bet you that QQQ will not loose 1.2% of its value due only to SpaceX going to $0.

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