• Orbituary@lemmy.world
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      1 month ago

      I came to the comments for that question as well. Defeats the entire purpose of the system. Maybe so someone else can manage their one stock?

    • The Snark Urge@lemmy.world
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      1 month ago

      I don’t really get what they’re for either, the only hypothesis I’ve heard that makes any sense is that ETF mechanisms have useful loopholes in certain short selling strategies.

      • JackLSauce@lemmy.world
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        1 month ago

        Sure. I can’t come up with anything sensible… Maybe some tax benefit I’m too poor to care or know about?