> Conventional wisdom holds that passive trading is the rational investing strategy.
That isn't conventional wisdom. It's not someone's opinion. It's statistically proven reality. Whether you're an individual trader or a billionaire hedge fund manager, active strategies lose out to passive ones in the long run.
> has catalyzed a lean-in mindset around investing, particularly among Gen Z.
And it will burn them, just like it burned penny stock traders in the 80s and Internet stock traders in the late 90s.
The reality is Gen Z'ers are desperate at this point and they're turning to gambling in the hopes of making up lost economic ground. And if that happens en masse, it's not gonna be pretty.
That isn't conventional wisdom. It's not someone's opinion. It's statistically proven reality. Whether you're an individual trader or a billionaire hedge fund manager, active strategies lose out to passive ones in the long run.
> has catalyzed a lean-in mindset around investing, particularly among Gen Z.
And it will burn them, just like it burned penny stock traders in the 80s and Internet stock traders in the late 90s.
The reality is Gen Z'ers are desperate at this point and they're turning to gambling in the hopes of making up lost economic ground. And if that happens en masse, it's not gonna be pretty.