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
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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.