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It seems probable that the more boring finance is, the more momentum mainstream equities have, and the more irrational it becomes. If everybody pours their mon
by throwawayhhakdl 7y ago
It seems probable that the more boring finance is, the more momentum mainstream equities have, and the more irrational it becomes.
If everybody pours their money into a us equity index every month, the value of us stocks will go up, absent of any perceived change in value.