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Nobody forces anyone to buy an index fund. If it stops making sense, we'll find new ways to invest. No need to forbid anything.
by hartator 8y ago
Nobody forces anyone to buy an index fund. If it stops making sense, we'll find new ways to invest. No need to forbid anything.
- ajkjk 8y agoIt's certainly not true that "what makes sense for investors" is any meaningful indication of what makes a good policy for a society as a whole, and I rather think it's usually the opposite.
- xvedejas 8y agoOkay, but the burden of proof is on those who think that limiting investors is beneficial in this case. I don't think there's much of an argument for it.
- robotbikes 8y agoNo his point was that algorithms would get so good that they would erase the market from capitalism by being smarter than human active investors.