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Do you have a pension? Pension and index funds buying Uber are the ultimate bagholders here.

Uber is basically a legal Ponzi scheme.

Your index fund is investing in a bad investment and you say the fault is that the bad investment exists? Why not choose a different fund?

We shouldn't put bubble wrap around everything in the hopes that no one can ever do anything that might harm themselves. This kind of mindset restricts the freedom of everybody.

You do know that an index fund has no choice to invest in the companies that make up the index?

Anyway the point I was making is that the bagholders are the little people.

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