this post was submitted on 02 Jan 2026
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Australia’s biggest pension fund to cut global stocks allocation on AI concerns (archive.md)
submitted 1 week ago by Eyekaytee@aussie.zone to c/ausfinance@aussie.zone
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[–] No1@aussie.zone 1 points 1 week ago* (last edited 1 week ago)

This is stupid

Will he recompense those investors if NVDA doubles? No. He's just pretending to be a genius with everyone elses money.

Anybody can cry wolf at why things will go bad or continue to grow. Only fools try and time market tops and bottoms.

And there was no mention of AUD/USD/EUR. How can you talk about anything international without FX rates? Super funds rarely hedge their 'default' choices. But it's your money, so why care?