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Jan 13, 2021
4:25:19pm
BeyondTheMark All-American
Kind of the usual 'you get what you measure' outcome. Once so many investors starting pouring into
index funds, the stocks on those indices are automatically juiced by their inclusion, the funds then continue to go up and it is self-reinforcing.

Not sure if there is a way out of it- successful companies' stocks that aren't included, will eventually be added (i.e. Tesla recently) so the margin for 'beating the system' is fairly marginal and short in scope.
BeyondTheMark
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AtlantaMark
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BeyondTheMark
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Aug 20, 2001
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May 9, 2024
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