From the letter quoted in the article: > Seeing my wife lose money as a result of the hedge funds foolish shorts and inability to adapt to a new wave of social

From the letter quoted in the article: > Seeing my wife lose money as a result of the hedge funds foolish shorts and inability to adapt to a new wave of social media – as well as the frightening thought the trading can be halted at any time as the brokerages see fit – has caused me to become extremely disheartened toward investing in the future. Just checked, and after all these shenanigans, S&P 500 was set back to... where it was one month ago. This actually sounds like a strong evidence in favor of index funds plus long-term investing.