> Blaming people who develop algorithms for purposes of gambling (also called investing) for decade of market crashes is just silly. Unfairly blaming analysts

> Blaming people who develop algorithms for purposes of gambling (also called investing) for decade of market crashes is just silly. Unfairly blaming analysts isn't the problem. The problem is assuming that anyone can predict the future of equities markets. There's no evidence to support this idea -- all successes are chance successes, and all failures are chance failures. This is why market index funds perform on average better than funds in which a manager tries to choose future winners and charge you for the privilege of being a member, an "insider".