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by eru 1 day ago
> I am unsure it is still true. Index funds have taken so much of the trade volume the are becoming momentum strategies

I don't understand how that's supposed to work?

Btw, keep in mind that index funds are typically really, really keen to lend their shares out to short sellers.

> But given the nepotism and corruption in the highest reaches of USAnian society (e.g. Trump's crypto currency scams and the blatant inside dealing and rule ignoring of the Space X float) the future looks much less certain than the past

That's a big part of why I am invested in a global index fund, not anything America specific.