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Re:A critique of the claim that passive investing is a bubble by throw0101a on Thursday September 05, 2019 @04:16PM (#20890291)
Why would they need to cash out their positions? Indexes seem to actually have inflows during bear markets. See Point 2:

* https://www.etfstrategy.com/three-reasons-why-indexing-and-e...

See also Vanguard's (biased) opinion:

* https://www.vanguardcanada.ca/individual/articles/education-...

The people using index funds generally don't think about their portfolios—which is the whole point of them. It's probably the cocaine-fueled traders that are causing all the ruckus.

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