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The article really needs some hard numbers, not some "whitepaper estimates".

It's 500 stocks. How many randomly selected stocks do you need to almost equal the performance?

Buying a new entrant on the day it debuts is not required to come very close to matching the index performance.

The article points out that Vanguard “mitigates a good portion” of the risk by gradually building positions over time in stocks.

Problem solved.



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