The thing about the stock market is that there’s incredibly powerful incentives for the market to keep growing year after year. These niche markets could crash overnight and no-one would care.

Yes. So I would suggestion people not be active, hobbyist investors.

I suggest you get some hobby that's not in finance. And put your money in index funds.

> Basically, pick anything that's too small and niche for the serious players to tackle.

It might not sound like it, but this is truly fantastic advice. Really. I suggest doing the same.

Well, I only meant it as very conditional advice. The if in 'If you want to be an active hobbyist investor,' is a very big if.

Other hobbies are less dangerous.