What kind of mental gymnastics garbage is this?!?
Here's a recent video from a very vocal total market apologist. He seems to think rule changes to fast track the inclusion of SpaceX and OpenAI into total market indices is no big deal since only 5% of the shares represent the free float. In other words, adding companies that earn no profits but are priced higher than the entire country of Canada is no big deal for the S&P500 and Nasdaq 100 because 95% of the shares are still controlled by insiders (i.e. Elon Musk and Sam Altman). WTF kind of delusional thinking is this?!? So glad to not be a total market "investor"!
Posted Apr 5, 2026, 10:23 AM UTC
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