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A comment on Vanguard Is Growing Faster Than Everybody Else Combined. Parent comment

Re:Vanguard Is Growing Faster Than Everybody Else Combined by ak217 on Wednesday April 19, 2017 @02:42AM (#14145951)
This is an absolutely crucial point that is not discussed nearly enough in the context of passive investing. Thanks for the link, I didn't know Matt Levine had stated it so eloquently already.

A tangentially related point is that membership in e.g. the S&P500 imparts a big financial advantage to companies for a somewhat arbitrary reason, due to passive investing.

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Re:Vanguard Is Growing Faster Than Everybody Else Combined by kgwgk on Wednesday April 19, 2017 @03:24PM (#14150896)
That advantage can become a liability when the market goes down.
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