alt Hacker NewsYeah, actually I think I was getting confused on some of the terminology. It looks like you're right.
Still, as you said, just mimicking regular QQQ is achievable.
Yeah, actually I think I was getting confused on some of the terminology. It looks like you're right.
Still, as you said, just mimicking regular QQQ is achievable.
It’s achievable. It’s called “direct indexing”, and there are some extra costs associated with it, so for most investors, I think it is cheaper to get QQQ. You can flip that around with tax loss harvesting but I don’t understand that strategy and I can’t explain it.
You also don’t need AI to do this. Before AI, the main barrier to direct indexing was the amount of capital you need. That is still true.