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Do index funds drive the price at all though? I would expect them to be net neutral. If the stock goes down they sell, if it goes up, they buy.
by phamilton 8y ago
Do index funds drive the price at all though? I would expect them to be net neutral. If the stock goes down they sell, if it goes up, they buy.
- flukus 8y agoYes they're mostly neutral. But when the stock goes down that's still real people losing real money from their pension funds to what are essentially con artists. The saving grace here is as nradov said, they won't buy into IPO's.