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It's the worst possible investing method except for all the others. If anyone could come up with a method that consistently beat passive investing, the situati
by blacksqr 11y ago
It's the worst possible investing method except for all the others.
If anyone could come up with a method that consistently beat passive investing, the situation would change in a heartbeat.
- bunderbunder 11y agoWould it? Or would the discoverer of the method be more inclined to keep the knowledge to themselves in order to maximize their own potential profits? The thing about competitive edges is, if you share them with everyone else then that causes them to disappear.
- blacksqr 11y agoWell, the discoverers of passive investing didn't keep it to themselves, and now they're making lots and lots of money running index mutual funds.