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Kong
CNBC Television
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Comments by "Kong" (@Koushi82) on "Rise of indexing and explosive growth of ETFs on display in new book" video.
basically indexes only hold apple microsoft tesla facebook amazon fang stonks all of them indexes hodl mostly those meaning just buy those and ignore the rest. but that means all fang stocks are leveraged 1000x to 1. if markets ever crash 90% values are lost. the indexes are not diversified at all.
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