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/biz/ - Business & Finance

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15602284 No.15602284 [Reply] [Original]

Damn it, even index funds are in a bubble? Is this just a sick FUD to keep new investors out or to drive people towards actively managed mutual funds?

>> No.15602292

imagine if someone hot-glued computer chips to your eyes and you could never blink again..

>> No.15602339

>>15602284
https://dealbreaker.com/2019/09/michael-burry-has-thoughts-on-passive-bubbles

>> No.15602353

>>15602284
that guy doesn't know what he's talking about. index funds don't make up that much of the market. There's more than enough active investors for price discovery.

>> No.15602411

imagine if someone hot-glued computer chips to your eyes and you could never blink again!!!

>> No.15602460

im all in sp500 and Nvidia

>> No.15602477

No, it's not really a bubble

>> No.15602483

the index funds are always fair value

>> No.15602505

>>15602339

Managed fund manager thinks people should invest in managed funds. Sound, unbiased advice.

>> No.15602803

>>15602483
This is why for me, it's ETNs. Don't have to actually hold the underlying, just track them as accurately as possible.

>> No.15602843

>>15602505
do you even know who Michael Burry is? That guy is way too autistic to pull this kike subversion shit

>> No.15602851

>>15602843
I just started The Big Short today, according to the film he doesn't like people getting fucked over

>> No.15602866

Over a 20 year period the stockmarkets have never lost value since inception.
As long as you are prepared to buy the dips and the rises, and hold for 8+ years at a time with money you dont need, its 100% guaranteed ROI

>> No.15602877

Burry is so fucking based anyone that is not a brainlet should read at least the stuff concerning him on The Big Short and then download his earlier internet posts and analyses and study them. This is a fucking real investor that is not trying to sell you anything and actually makes economics look like an actual fucking science

>> No.15602898
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15602898

>>15602460
>all into sp500 at the height of a bubble

>> No.15602911

>>15602898
The s&p500 has been at an all-time high literally the vast majority of the days for many decades

>> No.15602917

>>15602877
This.
Burry is like the quiet kid in the beginning of the movie who turns out to have superpowers and everyone’s on his dick by the end. Then you have retards like the (real) wolf of wall street guy, who’s saying Bitcoin is definitely a scam. He’s just the token high school chad who got lucky, pissed all his fortune away on coke and reckless decisions, and ends up destitute because fucking duh

>> No.15602948

when theres no one to buy and everyone sells the stocks go down no matter were they are sold from

the average time of an individual to hold a stock etf or mutual fund is 3.8 years no on average no one sees the 20 year all green growth of their money

Sometimes I wonder how much money is lost forever in the stock market never to be seen again.

>> No.15602953

>>15602917


everyone like to cheer for the underdog

>> No.15602969

>>15602911
Maybe you should go find out exactly why that is, buckaroo

>> No.15602973

>>15602969
Because under capitalism the market grows over time?

>> No.15602999

I'm selling before the election then rebuying low

>> No.15603063

>>15602877
link to old internet posts?

>> No.15603105

>>15603063
http://csinvesting.org/wp-content/uploads/2013/07/Michael-Burry-Case-Studies.pdf

This is a very short list of recommended books for value investing. Also it tells you how to look at his old forum posts.
https://www.thewaystowealth.com/michael-burry-recommended-reading-list/

>> No.15603520

>>15602353
>that guy(michael burry) does not know what he is talking about
>I, random biz neet, know what I am talking about

>> No.15603569

>>15603520
>appeal to authority
There's always guys in suits with fancy degrees from ivy league schools talking about recessions, they're rarely correct.

Index funds don't make up that much of the market. The vast majority are held outside of index funds and that is more than enough for price discovery.

If he was correct then there would be huge market inefficiencies and active investors would be making bank from all the opportunity for their strategies.

>> No.15603722

>>15602866
What about the Nikkei index, shit like that scares the fuck out of me, watching your stocks stagnating and bleeding for nearly 30 years. Why couldn't it happen with the Dow?

>> No.15603733
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15603733

>>15603722
The US isn't a vassal state like Japan is.

>inb4 Israel

>> No.15603761

>>15603722
That's why you diversify internationally. And comparing the Japanese and US stock markets is totally off.

As for it being a "bubble" if you had $2 million dollars in cash and you asked if you should invest it right now with a retirement horizon of 5 years I would say probably not but if you're young and intend to constantly contribute for the next 20+ years as you should be then I don't think this shit really matters. No one can accurately predict recessions.

>> No.15603830

>>15603761
>That's why you diversify internationally
I guess, but the S&P500 index is probably the most popular and even Buffett is dropping 90% of his net worth into it after his death, according to a statement he uttered. But is there a possibility that the market won't recover even after decades and why did it happen to Japan.

>>15603733
>The US isn't a vassal state like Japan is.
Shouldn't the US be interested in the success of their vassals?