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by SwellJoe 12 days ago
With the new Nasdaq 100 fast track rule, I'd certainly get out of any index that tracks it, or any funds that are invested in it. I don't know if any other indexes have had similar policy changes...but, if it works this time, and insiders are able to steal a few billion dollars from retirement funds without people even realizing it, I'm sure it'll become more commonplace until we have a functional government that regulates this kind of crime.

https://www.kiplinger.com/investing/what-the-nasdaqs-new-fas...

2 comments

Apparently my US index fund is based on MSCI, which is even worse: eligible after 10 trading days. Although the float-adjusted market cap calculation should lessen the blow.
I’m going to be selling out of my Nasdaq ETF too. Such a shame.

Buuut if Anthropic does the same and lists on the Nasdaq then I might reconsider.

Just buy Anthropic directly, why dilute your money through an ETF?