Picking winners in the stock market is a fools errand on a long enough time scal... | Hacker News

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intended 3 months ago | parent | context | favorite | on: Can the stockmarket swallow Anthropic, SpaceX and ...

Picking winners in the stock market is a fools errand on a long enough time scale.

This has been proven time and time again. That’s the whole reason we diversify risk.

So, we will not have conversation 1, because that is not what index funds are meant to do.

ashdksnndck 3 months ago [–]

Index inclusion rules have changed repeatedly over the years. The current rules are not some fundamental law of nature.

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