3 ms·
A useful read that provides a counter view to Mr.Burry's: From The Economist. (1) http://archive.is/2oco0 http://archive.is/2oco0 and (2) https://www.econom
by somberi 7y ago
A useful read that provides a counter view to Mr.Burry's:
From The Economist.
(1) http://archive.is/2oco0 http://archive.is/2oco0
and
(2) https://www.economist.com/finance-and-economics/2018/07/05/the-growth-of-index-investing-has-not-made-markets-less-efficient https://www.economist.com/finance-and-economics/2018/07/05/t... (Unable to archive this)
and
(3) https://www.economist.com/finance-and-economics/2018/02/08/passive-funds-tracking-an-index-lose-out-when-its-make-up-changes https://www.economist.com/finance-and-economics/2018/02/08/p... (Critical piece to note here is about rebalancing. To quote "Someone who bought all listed American stocks in 1986 and did nothing would by now own less than half the market.")