Re:A critique of the claim that passive investing is a bubble
by vkou on Thursday September 05, 2019 @02:28PM
(#20889469)
Umm, if there's a stock market crash, triggering investors to panic-sell their shares, what difference does it make that I'm selling off my Vanguard ETF, or my personal, non-ETF stock holdings?
I'm still driving the price down, causing other holdouts to sell off, driving the price further down. It's the definition of a market crash.
I'm still driving the price down, causing other holdouts to sell off, driving the price further down. It's the definition of a market crash.