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>not people who are actually doing anything. Surely you can come up with something more substantial than that? It's not 2009 anymore, that kind of intellectual
by hueving 8y ago
>not people who are actually doing anything.
Surely you can come up with something more substantial than that? It's not 2009 anymore, that kind of intellectually lazy wallstreet bashing doesn't do much.
- antisthenes 8y agoYou're absolutely right. Now they do even less of anything than they did in 2009, seeing as how passive investing has been essentially proven to be the better strategy for 99.9% of people and the other 0.01% of actors represents large HFT firms that are not reliant on any one individual manager's insight and knowledge.
- hueving 8y ago>seeing as how passive investing has been essentially proven to be the better strategy for 99.9% of people You might want to look into that. It hasn't been proven at all unless you were thinking of investing in a fund of hedge funds, which nearly nobody does.