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▲ pmg101 a day ago

Does this advice still hold once 99.99% of people are invested in index funds?

▲Espressosaurus a day ago | parent | next [-]

It’s not clear yet. Index funds are now an enormous part of the market and players are starting to play them (see SpaceX, and given the door they opened OpenAI and Anthropic to follow).

▲shigawire a day ago | parent | prev | next [-]

And big tech is a large part of most indexes

▲mjr00 a day ago | parent | prev [-]

I mean probably? It's still a much lower-risk strategy compared to investing in individual stocks.