[qnleigh]

Unless you are talking about owning a casino, I can't think of any interpretation of what you are saying that is true. Index funds have a long history of steady growth. Las Vegas businesses make their profits off of the reliable losses of their customers.

[Joel_Mckay]

What people say they do, and what they actually do... are very different events. =3

https://en.wikipedia.org/wiki/Sealioning

[pinkmuffinere]

I don't like your non-genuine engagement with this conversation. You've made outrageous claims, backed up with no data, and then seemingly pre-emptively linked to a page about trolling by asking for evidence. Well I'll ask you for evidence anyways lol. And I'll also give some that points against your outrageous claims: Retail investment in the stock market is at all time highs [1], and the percentage of investment in passive indices is also at an all time high [2]. It is _possible_ that retail investors are perversely fighting the trends and increasing their investments primarily by engaging in day-trade-esque behavior, but that would surprise me. Especially given that retirement accounts strongly encourage funds. I'd love to see some data pointing definitively either way though.

[1] https://www.jpmorganchase.com/institute/all-topics/financial...

[2] https://www.morningstar.com/funds/8-charts-us-fund-flows-202...