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by eru 1 day ago
> I think there is now so much passive investing that wall street and tech bros are gaming it,

Yes, they are supposed to! And they are supposed to compete for the privilege. That's how index funds can add and remove stuff from the index so cheaply.

I agree that the S&P500 is not an optimal index. I picked something (VWRA) that's more diversified and less picky about who to admit.