Hacker News new | ask | show | jobs
by throw0101d 38 days ago
> When everyone's money is in the market, would the market ever fall?

Price discovery is at the margins: it's determined by (active) buyers and sellers.

If you're a (passive-ish) buy-and-hold kind of person you're generally not involved in the process (except on your (bi-)monthly purchase off your paycheque in for your retirement account).

So the active folks can cause prices to go down.