Isn't this optimal? The case for index funds by ordinary investors is extremely strong, and if there exists good evidence to the contrary it will be of the form that is almost certainly beyond the ability of most LW people to properly evaluate.
Isn't this optimal?
Is it? Which specific index funds are you talking about and how do you define optimality here?
good evidence to the contrary it will be of the form that is almost certainly beyond the ability of most LW people to properly evaluate.
So, it's completely fine for most LW people to evaluate the chances of a Singularity, details of AI design, or the MWI of quantum mechanics, but real-life financial markets, noooo, they are way too complicated? X-D
Another month, another rationality quotes thread. The rules are: