Are Index Funds Evil?(theatlantic.com)
theatlantic.com
Are Index Funds Evil?
https://www.theatlantic.com/magazine/archive/2017/09/are-index-funds-evil/534183/?single_page=true
1 comments
Evil? Maybe they think they're evil because, other than in growth of the economy, trading stocks is a zero sum game. If there are fewer transactions, less fees, and fewer losers, there's less opportunity for the rest to take advantage of us.