Index Funds Are a Bubble. There, Someone Said It. Here’s Why the Answer Is More Complicated Than You Think.
Index funds are often treated as the safest, smartest default for long-term investors, but critics argue that their massive popularity may be distorting prices and concentrating risk in a handful of mega-cap stocks. This article lays out both sides of the debate, from Michael Burry’s bubble warning to the strongest rebuttals, then shows how investors can think more clearly about valuation, diversification, and risk without abandoning index investing altogether.









