Are Index Funds Making the Market “Irrational”?
Summary
Host Jon Quast joins contributors Matt Frankel and Rachel Warren to discuss SK Hynix’s upcoming US listing and its dominance in high-bandwidth memory for AI. The trio analyzes whether investors should buy the stock or target semiconductor equipment suppliers like ASML instead. They also address listener questions about ETFs holding private companies like SpaceX and explore how passive index fund flows are structurally altering market valuations.
Topics discussed
SK Hynix IPO and the High-Bandwidth Memory Market
ETFs Holding Private Companies: SpaceX and Pre-IPO Shares
Do Index Funds Make the Market Irrational?
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