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 mox1 on Thursday September 05, 2019 @01:51PM (#20889168)
But wouldn't this reach some sort of equilibrium point?

IE if a smart person with a lot of money think there is no "smart money" left, wouldn't (s)he just start their own smart money hedge fund to provide / do this?

If nobody is left to do thing X AND thing X is basically guaranteed profit, isn't it natural for people to step in and do thing X?

[ Parent | on HN ]
Re:A critique of the claim that passive investing is a bubble by pas on Thursday September 05, 2019 @07:19PM (#20891511)
But we already have that. Gold. Or CHF. The problem is that it takes roughly 10 years to outshine the stock market.
[ Parent | on HN ]