ST Alpha - "It’s an index fund. It literally owns everything. -- nm" (Reading a Post)

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In response to "Yup. Shocker. -- nm" by Volnelk

It’s an index fund. It literally owns everything. -- nm

Posted by spamlet Apr 8 '20, 15:32

(No message)

Responses:

That was znu's point. Though is it an S&P 500 index vs a biotech/pharma index? Slightly different angle there. - ty97 Apr 8, 15:36 1
- Here’s the article. -- (link) - znufrii Apr 8, 15:41
Exactly. -- nm - znufrii Apr 8, 15:33 2
- I wish people could keep their eyes on the prize and not chase all the stuff that doesn’t matter. -- nm - spamlet Apr 8, 15:58 1
  - LOL. -- nm - Strongbad Apr 8, 16:02
What I read had it a little more specific than that, but I realize that’s the purpose of an index. -- nm - Volnelk Apr 8, 15:33 3
- The story I saw led with him holding as much as $450 worth of Sanofi through one mutual fund. OMG!!! -- (edited) - znufrii Apr 8, 15:37 2
  - He had the head of Sanofi in China meet with him and the Chinese premier last year. He's all over them. -- nm* - jnine Apr 8, 15:47 1
    - Then lead with that, not with his trivial second-hand stock exposure, ffs. -- nm* - znufrii Apr 8, 16:03

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