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on October 6, 2026, 13:08:56, in reply to "My dad's in a concentrated Elon fund that he bought years ago when he"
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bought a used electric car - his employer prohibits trading in individual securities and he wanted Tesla so he found some concentrated fund that doesn't have to abide by SEC rules on position limits. The fund was an early shareholder in Tesla and got a SPCX allocation in the Series E round in 2010 and my dad is up 23x. Then he calls me bitching about what the position will do to his RMDs now that they have a public mark on SPCX.
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TIA.
Not that it makes a lotta diff, but IIRC that very first day was quite a skyrocket.
Life is too short to waste boners![]()
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