• msage@programming.dev
    link
    fedilink
    English
    arrow-up
    5
    ·
    1 day ago

    Which is insane. CDOs were crazy, but fucking index funds is batshit insane levels of evil. Not just corruption, but all out treason.

    • [object Object]@lemmy.ca
      link
      fedilink
      English
      arrow-up
      3
      ·
      23 hours ago

      Yeah, I’ve been a fan of index investing for a while, but have become very sceptical of the sp500, nasdaq 100, etc. as valuations have become more concentrated.

      When so few assets make up such a large portion of the index I think it loses its diversification advantages.