Hacker News new | ask | show | jobs
by john_moscow 2080 days ago
>I don’t know much about the stock market outside of throwing any savings I can muster into a vanguard fund.

You have just answered your own question. If enough people make financial decisions based on a specific metric, rather than their own understanding, of course they will be a whole industry of companies trying to game the KPI and make sure your uninformed dollar ends up in their coffers.

1 comments

What question are you talking about? What is your point exactly?
The point is that blindly copying the investment strategy used by a majority of other players inevitably leads to what some call a bubble.