indexing to the sp500 is just one index out of many. what makes it special and the "default" is because size makes it a pillar of the economic system. it also intrinsically captures the philosophy of lettings your winners run vs rebalancing out of them once they "grow up".
a better strategy imo is to allocate and weight based on its REAL strength as a pillar of society/economic-system. this is different than value investing which mostly measures how much hope is being poured into a company.
-
-
both momentum and value investing are both extreme stances just like political views. value investing is correct. you cannot build a future out of wishful thinking. momentum/trend-following is correct. hope is paradoxically what the future is made out of.
Show this threadThanks. Twitter will use this to make your timeline better. UndoUndo
-
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.