Theres a lot dead weight hiding in index funds.
The only thing thats propping up some companies is steady intake of pension fund money flowing into them through index funds.
I don't know what the right answer is here.
Not my precious index fund investments! In practice this would make it very difficult for the average passive investor to participate in the stock market?
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"it's weird that all companies are owned by the same shareholders" will be the next "everything is securities fraud".
The only thing thats propping up some companies is steady intake of pension fund money flowing into them through index funds.
I don't know what the right answer is here.