Does this only affect money invested after June 15th, or does this also devalues money invested before this date? If you don't invest anymore money in the index during the interim rebalancing period refered to by the author, then one should be alright. Right? It's really expensive to get all your marbles out, I'd rather not do it if I don't have to.

Right, you are trapped if you are holding QQQ in a taxable account and have substantial gains, so you should do nothing with the shares you already have. But no, ceasing to invest in it will not save you. The rebalancing discussed in the article happens internally with you already invested dollars.

But do take this moment to realize QQQ never made sense to invest in, and put your future dollars somewhere else. There are plenty of funds that overweight large cap tech but track an index that doesn't care which exchange the stock is listed on.

QQQ rebalances on a schedule. Existing holders are affected because the fund’s underlying composition will change.

This. If you are invested in a Nasdaq index (e.g. QQQ), it will have to sell some of the tail and buy the necessary weighted percentage of Snake Oil. Apart from you buying snake oil, you will realise some extra capital gains/loses due to the rebalancing.

And to be clear it's not just QQQ; countless retirement target date funds have a Nasdaq component. That's the real target of this grift, your retirement fund.

EAGER is not enough. EAGER only guarantees one side of the conjoined triangles of success. They teach this at business school.

>By the way old chap, you have gone over your storage limit. Do you want to buy more or delete some stuff?

Why does my AWS counselor sound British. Am I in eu-west-2?

Why shouldn't it, its just a machine? Wouldn't the world be better if these messages varied a bit!

Spirals again.

Those AIs have read too much Junji Ito.

The meaning is not in the numbers themselves, but in how they each relate to one another.

Also those are not mere numbers here, but vectors. Dimensionality and orthogonality is key to define complex relationships.

Depends on how many of those gambling addicts there are.

If a huge enough portion of the population try to solve the statue quo of their economic problems by betting all on red, that's not gonna be great for society, including those who don't gamble.

Phew. This is a relief, honestly!

Spatial awareness was also a huge limitation to Claude playing pokemon.

It really seems to me that the first AI company getting to implement "spatial awareness" vector tokens and integrating them neatly with the other conventional text, image and sound tokens will be reaping huge rewards. Some are already partnering with robot companies, it's only a matter of time before one of those gets there.

This is also my experience with attempting to use Claude and GLM-4.7 with OpenSCAD. Horrible spatial reasoning abilities.

LLMs just do be paperclipping

First the fact that she received the price when a ton of people where far more deserving of it in terms of raw achievements toward peace. Then the fact that she would sell the price and what it represents for a slim (read inexistent)k shot at being instated as the president of Venezuella, where I read that the majority of people have a very unfavorable opinion of her. And finally the fact that she would sell away the Peace price to Donald Trump, the very same person considering invading Greenland for aura farming purposes!

I think they have to shut down the Noble peace price at this point, there's no recovering from such an embarrassing turn of events.