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They already use models for trading better than any human and have probably done so since the 1950s. And what do you know, wealth accumulation has been signific
by kjkjadksj 1y ago
They already use models for trading better than any human and have probably done so since the 1950s. And what do you know, wealth accumulation has been significant over the last 70 years.
- amelius 1y agoYeah but wealth accumulation can only go so far, because at some point people will start to question the validity of the entire market.
- snoman 1y agoWith index funds effectively propping up the S&P etc. people are already questioning it. Consider that millions of people are parking billions of dollars in index funds that just track the ~500 biggest companies with the expectation they’ll all just get bigger.
- kjkjadksj 1y agoEvery paycheck people buy more into it via their 401k