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Markets do seem to only go up, but the stocks on the market today are very different from 10, 20, 30+ years ago. I know that poorly performing stocks are eventu
by BitwiseFool 6y ago
Markets do seem to only go up, but the stocks on the market today are very different from 10, 20, 30+ years ago. I know that poorly performing stocks are eventually removed from indices and exchanges and they are replaced with new ones. Is it the case the market always going up in the long run is actually due to survivorship bias?
- GenerocUsername 6y agoProbably has more to do with the fact that society on the whole tends to build more than it destroys. More value is created over time than lost.
- Arrath 6y agoMore _economic_ value, sure. But at what cost to the environment, biodiversity, our dwindling resources, societal health, our psyches? When does this become unsustainable?
- elefanten 6y agoThat's not survivorship bias, it's just churn. And, broadly speaking, growth -- there are more companies operating now than there were in 1950.