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by TameAntelope 1511 days ago
It is also not _basically_ the market, either.
1 comments

Well I guess 80% of the market isn't basically the market by your definition is it and every major institution that uses the S&P 500 as a proxy for the US market is wrong, right? OK. Sure.
Yes, 80% of the stock market isn't 100% of the stock market, that is correct...

Also 80% by some metrics, much, much smaller by others.