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This, pretty much. Whenever a new trend comes up, be it Bitcoin or index investing (both of which are poles apart in terms of risk), passionate people will defe
by pdevr 4y ago
This, pretty much. Whenever a new trend comes up, be it Bitcoin or index investing (both of which are poles apart in terms of risk), passionate people will defend them passionately. Good on you all. I posted it hoping to see HNers' original or novel thoughts about this (along with the expected defending of index investing).
- icelancer 4y agoIt's pretty tough to figure out if there's over-exposure in index investments, and tougher still to untangle the expected fallout of that problem, if it exists. Some people have talked about it, and have been shouted down of course. I've done a decent amount of reading on the topic and think I'm barely knowledgeable about the surface of it. I guess that's how it always is, though. People burying their heads in the sand and thinking that index investing has no hidden black swans are the ones to be most scared of, though.