Younger generations got psyoped into yeeting their paychecks into index funds

It might be a +EV strategy, but it’s lazy and it trains people into not caring about what they’re buying, or even worse - not knowing!

Imagine doing that for a car or for the food you eat (actually this is also true in America 🙃)

friendly neighborhood anon // crypto angel + advisor + shitposter

That's the entire point. Most people don't want to care, they just want to build wealth without a lot of risk. For 99% of people, this is a perfectly fine strategy, unless you want to compete with traders who have every edge on you.

You don't have to know. The market decides. This is boglehead investing 101

Not knowing what you’re buying (in any context) is boneheaded

Also I think you present a false dichotomy - plenty of other strategies that don’t involve competing with Jane Street