That's what you took away from my response? So what? It's not a problem that this kind of behavior is enabled and hurting the integrity of what the majority of people rely on for a shot at being able to retire someday? This is one fund that blew up during good times. How many others are out there acting this way and what's the risk that everyone is taking without even knowing by being invested in the market at all? Are you up for another GFC or bust that takes 10+ years to get back to even? Because these things are the seeds for that. Booms and busts aren't a good thing.I guess I just see things differently. This isn't about being properly diversified, this is about the integrity of our markets and trust. I mean if the idea is that it's a free for all then why have securities laws at all? The US markets have been viewed as a haven of trust and stability. Garbage like this only serves to undermine that trust.
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