The 10th Man - Was It All Worth It? - btbirkett@gmail.com - Gmail
...I’ve written about this in the past, and while there is a place for passive investing, when it starts taking up a large percentage of the market, really big distortions can happen. As a thought experiment, what if the entire stock market were held by index funds? My guess is this is closer to a fad than a structural shift than people think.,,,
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We are starting to see those distortions from too much indexing...
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