> Broad market indices, however, don’t fail.

Famous last words

Especially when you look at how it is distributed. At least market cap weighted... Makes me really question just how high can the line go.

	▲	immibis a year ago \| parent [-]
		Like many things but unlike other things, it will go up and up and up until it goes to zero. All economic gains that don't come from real productive activity are Ponzi schemes. Some last orders of magnitude longer than others.