[l23k4]

>I feel that what this article is telling me is that passive funds are becoming active funds by way of manipulating the index itself.

It's wrong. They're undoing a previous manipulation and making the index more accurately reflect the market.

[orwin]

Explain to me how adding weights to the float is undoing a previous manipulation and not manipulating the numbers.

[l23k4]

That's the Nasdaq-100 lol who cares? Are you buying it? It is literally just an arbitrary bucket of stocks.

[orwin]

That's just deflection to avoid answering. I wonder if it's a product of cognitive dissonance or if it's voluntary.

[l23k4]

It's perfectly legitimate for me to reject outright the idea that anything Nasdaq-100 does matters.

Why do you think anything that Nasdaq-100 does would matter?