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I think if people were forced to invest their pensions in shitty EU stocks there would be push back. Also moving public sector pensions into EU stocks won't del
by pipes 9mo ago
I think if people were forced to invest their pensions in shitty EU stocks there would be push back. Also moving public sector pensions into EU stocks won't deliver the growth required, they are already unsustainable.
- disgruntledphd2 9mo agoBut there's a chicken and egg effect here in that the stock prices are low because of low investment and the stocks are bad because the stock prices are low. For instance, Meta has basically doubled in price from a few years back but their business is basically identical. Doesn't seem very efficient to me, at least.
- pipes 9mo agoI doubt that. Investment firms exist to find an edge. Any mispricing would be eventually exploited because the incentive to do so is so huge. That's what value investing is.