When you point your finger at somebody, make sure to step away from the mirror.
The professional money managers blaming individual investors and index funds for the phenomenal rise of speculative stocks should remember that. Among this year’s hottest stocks, few are favorites of individual investors, and index funds aren’t their main buyers....
jasonzweigwsj Sounds like the active managers have FOMO, this is why index funds persist as a great investment vehicle. The index fund already held those small shares at 0.05% and already got their 10x return!
jasonzweigwsj Yeah it’s a problem for those missing out. But you know investors learn the hard way next time the market dips hopefully they won’t miss out. America will always recover buy small buy mid caps buy large.