3 ms·
I have seen zero evidence that passive index investing is having any deleterious impacts on market pricing. If people are putting their money into stocks, it re
by keernan 2y ago
I have seen zero evidence that passive index investing is having any deleterious impacts on market pricing. If people are putting their money into stocks, it really doesn't matter if they buy a small piece of the entire market (at current stock prices) or if they put the money into one stock (which then impacts that stock differently than 'buying the market').
But, at the end of the day, this is only an issue for money managers who are losing customers to passive index funds. For individual investors who want the best return, there is no issue.