Re:Retirement Savings Are Fueling the AI Bubble
by throw0101d on Wednesday November 11, 2026 @05:30PM
(#50459697)
> You are copying what active investors (in aggregate) are doing so if they’re fueling a bubble so are you.
The "in aggregate" is doing a lot of heavy lifting here. Active management holds concentrated positions in certain investments because they think they will outperform. Active folks believe they have found market inefficiencies, whereas passive folks lean towards the market being (relatively) efficient (enough) and chasing returns won't work (at least for most people):
Re:Retirement Savings Are Fueling the AI Bubble
by loeg on Thursday November 12, 2026 @02:53AM
(#50464253)
To be a little more precise, the version of active investing available to retail investors rarely outperforms. Some shops are very good, but they aren't taking retail money.
The "in aggregate" is doing a lot of heavy lifting here. Active management holds concentrated positions in certain investments because they think they will outperform. Active folks believe they have found market inefficiencies, whereas passive folks lean towards the market being (relatively) efficient (enough) and chasing returns won't work (at least for most people):
* https://en.wikipedia.org/wiki/A_Random_Walk_Down_Wall_Street
"Active" and "passive" exist on a spectrum and are not binary:
* https://rationalreminder.ca/podcast/133