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Index Funds Have Officially Won

• philoinvestor 3y ago
  "The payoff in a venture is generally inversely proportional to what it is expected to be." -Nassim Taleb The title of this article makes me feel more and more, that we are faced with a mid-term peak. Maybe even longer than mid-term.
• robocat 3y ago
  One historical pattern is that when too much money chases one segment, something goes wrong. I am wondering what can go wrong with index funds!
  • Terr_ 3y ago
    Ideally, nothing, because there will be a negative feedback loop: Actively managed funds will act as predators to the herbivores, controlling their numbers, limiting how much everyone follows the crowd. That said, the history of human disaster often features a lot of places where someone didn't realize there was a positive feedback loop.