alt Hacker NewsExactly. There is this undercurrent of The End Times everywhere, that this is it. This is the end of ... everything that was. When in fact it is not the end times, and the people at those indexes want to exist longer than SpaceX.
Exactly. There is this undercurrent of The End Times everywhere, that this is it. This is the end of ... everything that was. When in fact it is not the end times, and the people at those indexes want to exist longer than SpaceX.
Index investors often believe that indexes work well because they average everything out.
The reality is something like 96% of public companies underperform treasuries.
ref: https://paretoinvestor.substack.com/p/why-96-of-stocks-are-d...