California

I sometimes question if money isn't just parked in some of these funds, including mutual funds, even ETFs. Most own a significant piece of the Mag 7 and the rest is just additive. This is true for many managed funds. Sometimes you can't even discern a strategy based on the portfolio advisor's stated strategy. So they all perform like indexed funds. Not much trading going on, too expensive to trade large blocks, not much investing going on, just sit and wait to show how brilliant our wisdom.

As algo's run options which run the market, and AI slices and dices all info into bit for bots, can anyone invest based on the miniscule profits remaining? Only new ideas and innovation are rewarded in the markets.