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Re:A Professor Who Was Right About Index Funds All Along by paulpauper on Saturday October 22, 2016 @11:04AM (#12768938)
but that won't happen because companies will still have to disclose financials, and companies with poor fundamentals will be shorted by arbitragers. The pricing mechanism can never go away completely
Re:A Professor Who Was Right About Index Funds All Along by hilop on Saturday October 22, 2016 @12:05PM (#12769203)
Sure for companies that are headed to bankruptcy. But what about companies that are overpriced and cover expenses but never pay a dividend?
Re:A Professor Who Was Right About Index Funds All Along by Godel_unicode on Saturday October 22, 2016 @02:01PM (#12769761)
There are indexes of dividend-paying stocks. If the market decides dividends are important, companies which pay them will do better.