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33 sats \ 0 replies \ @Bell_curve 12 Feb \ on: Passively managed money just exceeded 50% of all assets econ
Let’s pretend passive investment is 100 percent.
We can fire every active fund manager and their staff etc.
No one is trading futures, derivative and options?
No more day trading?
No more trading of individual stocks?
No more cnbc and Cramer lol
The world would definitely be different but I don’t see this happening