← Back to context

Comment by wrsh07

1 hour ago

> There are a lot of retirements on the line just by this fact

1) I would expect anyone close to retirement to have a fairly balanced portfolio.

2) if they don't include SpaceX and the stock does >10x in the next year, they'll end up doing terribly on the benchmarks. SpaceX is big, but if they invest early, it won't be a ridiculous % of the portfolio. Even if one overpays by 2x, since it's under .1% of the total portfolio. If it went to zero nobody would lose their shirts, they'd lose <.1% of their portfolio.