this post was submitted on 07 Jun 2026
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It’s inevitable, anyone wise enough to doubt their ability to outplay the market chooses not to try, the remainder all think they can
Don't be so smug. The intended victims of this IPO are passive investors who aren't trying to time the market and are just long-term holding index funds for retirement. That's exactly who Musk is planning to rob. If you're taking the typical low-cost index fund strategy, you will be giving approximately 1% of your life savings to Elon Musk.
Where it's not a bubble, the market is positive sum and the average investor is wise to participate.
That’s true. I guess you just have to think you can keep up with the market, not necessarily beat it.