42 ms·

>>> The day that index funds cease to be the optimal investment strategy (for most individuals) is the day that stocks overall have stopped being a viable inves

>>> The day that index funds cease to be the optimal investment strategy (for most individuals) is the day that stocks overall have stopped being a viable investment strategy. Don't worry the day will come. ;) It's called a black swan. I'm not arrogant, I'm just well educated and a student of the market. If you study the market long enough you will learn it's nothing more than just a big casino run by the federal reserve and the big banks. Yes, Index strategy was great when it was invented in the 70's and 80's and probably the 90's. But if you have everybody rushing into index funds, well that causes an imbalance in the market. Similar to 2008, the tech bubble and even all the way back to tulip bubble. (google it) I'm really sorry that disturbed your investment strategy.

morgante 10y ago
It's hilarious that I'm being the one accused of arrogance when you're telling me to Google black swans and the tulip bubble as though I don't know what they are. You're being an asshole and patronizing me as though I don't know just as much about investments as you do. Index fund over-investment is a red herring which is being promoted by active managers to try to justify their fees. In truth, the market balances itself out: the more passive money there is, the greater the returns to active management become. In fact, looking through your comment history, you are in fact one of the pariahs of the internet who's trying to push your bogus options strategies on unsuspecting fools. Get lost and go spam somewhere else.
- chad_strategic 10y ago
  No I'm not a pariah. I'm just tired of the arrogance of people that thinking they know everything about investing on Hacker news. (This has been an epic waste of my time, there is no economic incentive arguing with a d-bag such as yourself.) You are only mad at me because you are unwilling accept/understand/comprehend an alternative investment strategy. As I said before I'm really sorry I disturbed your investment strategy, ultimately hurting your fragile feelings. What it comes boils down to is that you are programmer that thinks he knows how to invest. https://xkcd.com/1570/ https://xkcd.com/1570/ Hmm... get your research correct. I don't offer services to individual clients only institutions. I'm also regulated by the SEC. Cheers!
  - morgante 10y ago
    That XKCD is the epitome of why I tell people they should not try to build their own algorithms. Yet you think an MBA and a few LAMP scripts qualifies you to dispense investment advice. Meanwhile I have actually run a fund with actual investors, but it's not something I recommend anyone try unless they are willing to do a lot of research and work on it as a full-time job. You should really stop arrogantly assuming you know better than everyone else. I almost feel sorry for you, as your experience epitomizes the Dunning-Kruger effect.
    - chad_strategic 10y ago
      Based on your continued responses and the fact your feelings are hurt, I'm wining this battle. (I'm guessing you are millennial snowflake?) Where can I sign up for your fund! Oh I can end this fun... well because I do have better things to do: You are right and I am wrong, there you go do you feel better now?
      - morgante 10y ago
        You continue to lob ad hominem attacks instead of making any substantive arguments. I'm wasting my time arguing with you. Starting a discussion by "laughing" at my portfolio without even knowing what it is is not an adult thing do to. I really hope you listen to feedback and grow as a person. Right now you're carrying a lot of negativity around with you.
        chad_strategic 10y ago
        I'm doing fine thanks. Have great day!
        morgante 10y ago
        I'm glad. I hope someday you realize that selling stock tips on the internet is a scammy business model and that there are better ways to make money than preying on the ignorant.

morgante 10y ago

It's hilarious that I'm being the one accused of arrogance when you're telling me to Google black swans and the tulip bubble as though I don't know what they are. You're being an asshole and patronizing me as though I don't know just as much about investments as you do. Index fund over-investment is a red herring which is being promoted by active managers to try to justify their fees. In truth, the market balances itself out: the more passive money there is, the greater the returns to active management become. In fact, looking through your comment history, you are in fact one of the pariahs of the internet who's trying to push your bogus options strategies on unsuspecting fools. Get lost and go spam somewhere else.

chad_strategic 10y ago
No I'm not a pariah. I'm just tired of the arrogance of people that thinking they know everything about investing on Hacker news. (This has been an epic waste of my time, there is no economic incentive arguing with a d-bag such as yourself.) You are only mad at me because you are unwilling accept/understand/comprehend an alternative investment strategy. As I said before I'm really sorry I disturbed your investment strategy, ultimately hurting your fragile feelings. What it comes boils down to is that you are programmer that thinks he knows how to invest. https://xkcd.com/1570/ https://xkcd.com/1570/ Hmm... get your research correct. I don't offer services to individual clients only institutions. I'm also regulated by the SEC. Cheers!
- morgante 10y ago
  That XKCD is the epitome of why I tell people they should not try to build their own algorithms. Yet you think an MBA and a few LAMP scripts qualifies you to dispense investment advice. Meanwhile I have actually run a fund with actual investors, but it's not something I recommend anyone try unless they are willing to do a lot of research and work on it as a full-time job. You should really stop arrogantly assuming you know better than everyone else. I almost feel sorry for you, as your experience epitomizes the Dunning-Kruger effect.
  - chad_strategic 10y ago
    Based on your continued responses and the fact your feelings are hurt, I'm wining this battle. (I'm guessing you are millennial snowflake?) Where can I sign up for your fund! Oh I can end this fun... well because I do have better things to do: You are right and I am wrong, there you go do you feel better now?
    - morgante 10y ago
      You continue to lob ad hominem attacks instead of making any substantive arguments. I'm wasting my time arguing with you. Starting a discussion by "laughing" at my portfolio without even knowing what it is is not an adult thing do to. I really hope you listen to feedback and grow as a person. Right now you're carrying a lot of negativity around with you.
      - chad_strategic 10y ago
        I'm doing fine thanks. Have great day!
        morgante 10y ago
        I'm glad. I hope someday you realize that selling stock tips on the internet is a scammy business model and that there are better ways to make money than preying on the ignorant.