News for hackers. Stuff that matters.

A comment on A critique of the claim that passive investing is a bubble. Parent comment

Re:A critique of the claim that passive investing is a bubble by OJFord on Thursday September 05, 2019 @12:48PM (#20888494)
> why would they be sold at a larger discount than larger holdings? It is all in proportion - they own less and sell less of the smaller holdings

His argument there AIUI was that the daily volume is not in proportion.

[ Parent | on HN ]
Re:A critique of the claim that passive investing is a bubble by FabHK on Thursday September 05, 2019 @12:56PM (#20888574)
Fair enough, so going back to a liquidity mismatch.

Will be interesting to watch the next market crash.

[ Parent | on HN ]