Index funds have made markets less efficient.
1 response in depends
They have made price discovery someone else's job, which is fine until the number of someone elses gets small. Nobody knows where that number is.
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something you reckon. a gripe, a hunch, a hill you will die on. serious or not.
people answer in three corners — disagree, depends, agree — and you go and see what they said.
small on purpose. you will need a code from someone already here.
what all this does to your head, and what to do about it.