> you’d probably want to get the benefit of their performance.
replyWhat performance? None of these companies have established "performance" and they are all still burning money in a race to be the industry leader.
There is no evidence these companies can be profitable without some kind of significant hardware advance.
Many people already have x% of their portfolio allocated to a growth fund, that might include fast growing AI companies. You need to keep the risk profile consistent. If you change the rules you mess up people's strategy.
replyYeah if people wanted to change their risk profile they would, they wouldn't want their low risk investments to suddenly be high risk. That would suck and mean disaster if that person is heavily allocated to low risk near retirement time.
replyBut they haven't been good performers, and don't deserve joining s&p, and that is the point, do not make exceptions just because Elon Musk or whatever delusional billionaire says so.
reply