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Think about it, market actually would be very inefficient if everyone bought nothing but index funds it would be quite Harrison Bergeron like. You need speculat
by sireat 13y ago
Think about it, market actually would be very inefficient if everyone bought nothing but index funds it would be quite Harrison Bergeron like. You need speculators/investors.
That said, for those not willing to actively follow their investments, index funds are the rational choice.
- davidw 13y agoI thought that story was the height of inanity, truth be told. Turning to the question at hand, at some level, your argument is of course correct, but we're pretty far from it in practice.