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That's the conventional view of indexing. But I'm arguing that it's akin to pointing out that it's very hard to pay more for Bittorrent than you do for Netflix,
by byrneseyeview 16y ago
That's the conventional view of indexing. But I'm arguing that it's akin to pointing out that it's very hard to pay more for Bittorrent than you do for Netflix, thus we should avoid paying for media we like.
"The Market" is the sum of the actions of individuals, some of whom are making actual, useful decisions. Can you describe how a market would work if everybody thought about it the way you're thinking about it?
- damoncali 16y agoBuying a group of stocks is an actual, useful decision. That's how it works.
- stcredzero 16y agoCan you describe how a market would work if everybody thought about it the way you're thinking about it? Why should I bother? Can you describe how the world would look if everybody just used drove diesels, or everyone stopped driving SUVs? None of these things is ever going to happen. That's a fallacy you're using there, BTW.
- michaelcampbell 16y ago> Can you describe how a market would work if everybody thought about it the way you're thinking about it? I don't have to; because NOT everybody thinks about it the way I do. It's a false hypothesis and thus not worth even considering.