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This would also be true if people were just mindlessly dumping cash into S&P500 funds in their 401k.
by loeg 1y ago
This would also be true if people were just mindlessly dumping cash into S&P500 funds in their 401k.
- TheAlchemist 1y agoPartially true, but the valuation would be much more spread out across the components of S&P500, whereas currently they are extremely concentrated in a handfull of names, and a handfull of others (the ones that CEOs are deceiving the public the most) have sky high valuations without being in any index.