Chickenality
Joined 13 years ago
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Member since
Jun 4
Joined 13 years ago
This is the key point. Many strategies that yield above-market returns often do so only because they're taking on large amounts of risk, even if that risk isn't immediately apparent. Think about trading cryptocurrencies, buying penny stocks, selling naked options, etc. You _can_ make a lot of money doing any of these things, but you'll be exposed to quite a bit of downside along the way, and most people who try will end up in the red.
Yes, no index is perfect. But most of them provide more diversification than the average person would be able to achieve by manually managing a portfolio.
I'm not trying to argue that advertising doesn't work. Clearly it does. But there's a huge difference between being exposed to tens of thousands of Coca-Cola ads over a lifetime, and being exposed to 10 spam articles over the course of a month.
I'm also not trying to argue that this isn't creepy. Clearly it is. But the real 'target' of this scheme is the person buying the ads. I doubt this has any real effect on the person who sees them.