return2ozma@lemmy.world to Technology@lemmy.worldEnglish · 3 days agoIs the AI Conveyor Belt of Capital About to Stop?gizmodo.comexternal-linkmessage-square56linkfedilinkarrow-up1210arrow-down15
arrow-up1205arrow-down1external-linkIs the AI Conveyor Belt of Capital About to Stop?gizmodo.comreturn2ozma@lemmy.world to Technology@lemmy.worldEnglish · 3 days agomessage-square56linkfedilink
minus-squareZink@programming.devlinkfedilinkEnglisharrow-up3·1 day agoAbsolutely, plus since index funds are cap weighted, ordinary retirement fund investing folks are very much vulnerable to it. If I pull up VTSAX (vanguard total stock market index fund) what I find is… Sectors: Technology is 38% of the fund and I see 11 sectors listed. Top 10equity holdings, in order from the top: NVDA MSFT AAPL AMZN META AVGO (Broadcom) GOOGL TSLA GOOG BRK.B (Almost like its own index fund) This is fine!!
Absolutely, plus since index funds are cap weighted, ordinary retirement fund investing folks are very much vulnerable to it.
If I pull up VTSAX (vanguard total stock market index fund) what I find is…
Sectors: Technology is 38% of the fund and I see 11 sectors listed.
Top 10equity holdings, in order from the top:
NVDA MSFT AAPL AMZN META AVGO (Broadcom) GOOGL TSLA GOOG BRK.B (Almost like its own index fund)
This is fine!!