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But that's not how the passive investing works - it's predicated off of curated indexes, so people are still making decisions. And there's not equal weighting

But that's not how the passive investing works - it's predicated off of curated indexes, so people are still making decisions. And there's not equal weighting in everything. What you're worried about isn't the current situation and it makes no sense that it ever would be.

Rury 4y ago
Unless weighting is done by business fundamentals, it still enables misallocation of capital. Many curated indexes and decisions are based on market cap, liquidity, public float, sector classification - all hardly fundamental.
- SketchySeaBeast 4y ago
  > Unless weighting is done by business fundamentals, it still enables misallocation of capital. Is it your assertion that without index funds this would be occurring? We just saw deliberate decisions to buy companies like TSLA and GME that stronly argue against that.