> which is more than enough time for the market to find a price
The price markets find would still inevitably be influence by the knowledge that the demand would increase massively in a few months.
> inclusion criteria reward companies that prioritize profit over growth
Or stable and sustainable growth. Whatever else SpaceX, OpenAI, Anthropic valuations are price in extremely optimistic growth. But yeah, I do see a point that including adequately priced growth stocks could be a net benefit but of course accouting for the actual valuation would turn index funds into managed ones.
Thankfully its not an issue at all since there is Nasdaq 100.
The price markets find would still inevitably be influence by the knowledge that the demand would increase massively in a few months.
> inclusion criteria reward companies that prioritize profit over growth
Or stable and sustainable growth. Whatever else SpaceX, OpenAI, Anthropic valuations are price in extremely optimistic growth. But yeah, I do see a point that including adequately priced growth stocks could be a net benefit but of course accouting for the actual valuation would turn index funds into managed ones.
Thankfully its not an issue at all since there is Nasdaq 100.