Ask Michael Burke Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Ask Michael Burke

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: BGR who wrote (48041)	2/20/1999 11:17:00 AM
From: accountclosed	Read Replies (1) of 132070

BGR, I have a question for you then. I somewhat (and emphasize somewhat) share your sympathy for index funds. The major point of favor for them are low expenses. Expenses indeed do matter in investing. (There are other benefits, such as tax efficiency, etc. but it is not my purpose here to delineate the positives...Similarly there are negatives. Specifically I think it is a great idea that has overgrown its positives and contributes to the unbalanced nifty fifty environment we have and potentially makes a crash more a reality.) My question is this: Do you believe that the efficiency of the market has fluctuations in the extent that it is a valid view? And a follow up: Don't index funds have the confounding effect of reducing market efficiency, the very theory they try to exploit?

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next