No. of Recommendations: 2
XLG, an ETF based on the biggest 50 companies in the S&P 500.
DTB,
This surprised me. Jim often says the same thing about the big companies. I think the top 50 companies are the ones to own. When Buffett talks about index investing he almost always says, "stay USA" and "especially the big companies". I also don't think the top 10 companies, with very few exceptions, are that expensive. In fact, I think they might be less expensive than the lower 450. Have you tried to do the math? Curious as to why you don't like the big 50?
You shorted XLG as a hedge and bought Tesla as a hedge to your hedge. Is there a way to hedge your hedge to your hedge?
