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You edited your post to add more detail for some reason. No, it’s still not clever. Believing passive investing at scale causes irrational rises in price does
by oneoff786 4y ago
You edited your post to add more detail for some reason. No, it’s still not clever.
Believing passive investing at scale causes irrational rises in price does not mean it’s wise to assume the price will definitely go up or down. It’s obviously not the only effect in the market.
Going long on the general market is a bet that things will generally continue. That’s about it.
- renewiltord 4y agoI comment in bursts, which has me hit rate limits on HN. Then I have to use edit-functionality till rate-limit-expiry. In any case, if you don't want to play that's fine. I enjoy this; you don't. No reason to be offended. Offer open to others. Has been taken up in the past. Fun for all.