Short term gains are hype and fomo, but if you're holding index funds long like I am, then returns have a lot more to do with performance. And given the lack of hype around ESG, it seems like an exceptional time to buy in to it.

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wolvoleo 3 minutes ago | parent | next [-]

That's also the kind of thing that pension funds should be investing in. They shouldn't invest in hypes as they're by definition in for the long haul and eventually hypes always blow.

Sure you can make a lot of money but only if you know when to get out before the crash. And that's something that doesn't gel well with long term investment.

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JumpinJack_Cash 35 minutes ago | parent | prev [-]

Bro the index is about riding the hype and fomo and when the phenomenon progressively loses track it gets less and less quota

	▲	epistasis 22 minutes ago \| parent [-]
		I don't understand the lingo in your comment but my best possible guess is that I disagree vehemently with it. Long term dollar cost averaging is not about hype and fomo. Overall pricing in equities does vary according to alternative investment routes, which is why I'm diversified into those as well. Stonks go up. Stonks go down. Averaging over decades, ownership is about owning a share of productive output of a large portion of our entire economy, an amazing restructuring of social relations that presents an amazing opportunity for the common person, unseen throughout the history of humanity.