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False. Returns on passive investing are a positive feedback loop. Unless the money supply is stable, and then only dividends matter. Right now, they hardly mat

• kbutler 8y ago
  That's a different feedback. If you can allocate capital better than the index through an active investment (that is, you can find investments that give a better return), you will beat the index, so passive investors will want to invest with you instead - a negative feedback to indexing investment.
  • deleted 8y ago
    [deleted]