[lumost]

It's quite clear that there is an effort to engineer mega financial vehicles that index tracking funds are forced to buy. The incentive to do so is massive, and there is nothing illegal about it.

As a holder of index funds such as the S&P, I'd much prefer that these vehicles are excluded for at least some period of time to ensure that the greater fool isn't simply my index portfolio.

[joxdosba]

> It's quite clear

In the same way 9/11 was quite clearly an inside job.

Alternatively, a crop of big companies with real, potentially world-changing technology are going public.

This isn’t exactly pets.com we’re talking about.

[kortilla]

Are you happy to be invested in Tesla? It is not profitable quarter to quarter and is included in your fund.

Why do you tolerate that and not this?

[lumost]

TSLA has been around for many years, whether I agree with its value or not. It has been able to retain its valuation in the public market.

An IPO with massive insider selling counterbalanced by a flood of index fund rebalancing is entirely different.