Are Index Funds Evil?theatlantic.com 8 pointsvelodrome9 years ago1 commentSaveHideCopy link On HNComments−Graziano_M9yEvil? 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.
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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.