ChristianKl comments on A Guide to Rational Investing - Less Wrong
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Comments (43)
tl;dr: buy Index Funds, like the Vanguard Total Stock Market Index, because money can be turned into a great many utilons after holding it for a long time.
Actually the post says: Don't buy index funds because the efficient market hypothesis isn't true.
Slight nitpick. It's actually saying, you can do better than just buying index funds, not that you shouldn't buy them.