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> They have a positive expected return over time because they have a risk premium It feels very weird that the same: 1. US government (which bailed out some b
by MuffinFlavored 5y ago
> They have a positive expected return over time because they have a risk premium
It feels very weird that the same:
1. US government (which bailed out some big banks when they did all of that corrupt greedy stuffy during the '07 housing collapse)
2. the predatory banks themselves
3. institutions like Vanguard, Blackrock, UBS
really let "the small guy" win in the "retail investor" by allowing us to just click "buy" on things like index funds. it all seems too good to be true. when does the little guy ever actually win?