2,843 karma · joined October 10, 2018
There are indices for every little thematic and niche corner or strategy or idea, there are broad-as-possible indices, and there are indices with requirements like listed age and profitability.
When is/was that?
(Not rhetorical)
They own more of bigger companies than small.
There's the option of "equal weight" or other strategies but the overwhelming majority is market cap weighted.
Index funds are also really, really big now and contain a lot of money earmarked for retirement/pensions.
In theory if you had a temporarily very frothy market into which you could sell a part of your unprofitable company to some people at a very high valuation, index funds would then mechanically move in and need to purchase and add significant support for insiders to sell into.
Also, it's better to double $2 instead of $1, and then pay back that $1.1 and end up with $2.9 instead of $2.
But it was a more facetious comment than I would have preferred to make, I actually went to delete it but you got in too quickly.
There are many reasons it's wrong, too, eg. at some level of risk debt becomes more expensive or impossible
But the intent of the comment was to say that if you owned as sure a thing as the GP proposed you'd do what you could to avoid selling parts of it.
https://www.bloomberg.com/news/articles/2026-04-01/openai-de...
That's zero ex oh (the letter) five
Many SWE-bench passing PRs would not be merged: https://news.ycombinator.com/item?id=47341645
Top model SWE bench scores may be skewed by git history leaks: https://news.ycombinator.com/item?id=45214670
Would be good to see the prompt out of morbid curiosity
Did the model itself do that? Was it a paste error?
It's harder and harder to see the traditional path from school to work to some acceptable level of family wealth as being effective/worthwhile, and so we see different flavours of roulette-with-more-steps capturing more of the population's attention.
All of it comes across as intentionally obnoxious. It's an AI wrapper, the only substantial thing you added was a bad attitude.