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Re:The Impact of Index Investing: A Follow-Up by fdsaaf on Wednesday May 04, 2016 @12:18PM (#11629399)
But when everyone invests in everything equally, we all end up investing in nothing!
Re:The Impact of Index Investing: A Follow-Up by JamilD on Wednesday May 04, 2016 @01:29PM (#11629971)
The previous post on the same blog debunks this. http://www.philosophicaleconomics.com/2016/05/passive/
Re:The Impact of Index Investing: A Follow-Up by fdsaaf on Wednesday May 04, 2016 @02:01PM (#11630271)
Re:The Impact of Index Investing: A Follow-Up by savanaly on Wednesday May 04, 2016 @01:33PM (#11630008)
What you're missing is that the stock market isn't a zero sum game. More money comes out of it than goes into it, because it represents companies that generally do useful things.