Re:A critique of the claim that passive investing is a bubble
by vkou on Thursday September 05, 2019 @05:51PM
(#20890963)
No, they'd have a dozen individual stocks that they would own, and when you combine fifty million people, each owning a dozen individual stocks, you'd get a pretty accurate proxy for the S&P 500.
They'd still follow the same herd mentality that they would, had they owned ETFs.
They'd still follow the same herd mentality that they would, had they owned ETFs.