Originally Posted by
Bluedog
Yes, that is true. I hold VNQ and SCHH (Vanguard and Schwab REIT Indexes, respectively, which unlike Total Stock Market Index Funds across brokerages, actually are quite a bit different. I've heard the TIAA RE fund is also an interesting diversifier). But I'm a fund guy vs. individual stock picker.
Texas wanting to be "on its own" has actually been a key challenge in the recent electricity crisis as ERCOT was specifically formed so that Texas didn't have to deal with the Feds, but because of the separation and the fact they JUST oversee (most of) Texas, they can't really draw upon other regions/grids/resources to help out. If Texas was part of a larger grid operator, they'd probably be better off right now...