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Where would those returns for active investors come from? They're still playing a zero-sum game amongst themselves.
by OscarCunningham 7y ago
Where would those returns for active investors come from? They're still playing a zero-sum game amongst themselves.
- skybrian 7y agoSeems like it's more complicated than that? Index funds do buy and sell sometimes, as some investors move money into and out of index funds. There are also dividends and stock buybacks.