You maybe right. From what I've read passive investing flows have basically distorted price discovery. Supposedly current valuations are off the charts. It smells and walks like a ponzi scheme to me. Maybe was a different story 30 years ago.I've owned and been buying stocks for nearly 30 years now. And still do today. There were plenty of good fundamental stories. The headline tech firms make unbelievable cash... Not counting stupid meme stocks like Tesla