4 ms·
Some, including Michael Burry (who‘s hedge fund profited almost 500% during the 2008 crisis) even go as far as calling index ETFs, like that one you mentioned,
by axiosgunnar 6y ago
Some, including Michael Burry (who‘s hedge fund profited almost 500% during the 2008 crisis) even go as far as calling index ETFs, like that one you mentioned, to be a bubble!
- pnathan 6y agoa proper index fund isn't a proper bubble, since it's proportional against an index, the net underlying asset that said, I grasp that there are some odd knock on effects with so many assets tied up in what are, approximately, a derivative.