It is critical for young investors (25-35 year olds) to understand how the passive bid works and the market structure that drives stock prices, because without this understanding they will learn the wrong lessons about how markets and investing actually function and may make poor long-term decisions.
normativepending
Speaker
Bill FleensteinEvidence Quote
“if you're a 25 30 35 year old person do you really need to understand this yeah I think it's important...so that you don't learn the wrong lesson”
Source
Bill Fleckenstein: We've Gone Past The Point Of No Return, Only An Epic Crisis Can Fix— The Julia La Roche ShowCreated: 8/11/2026, 5:23:30 AM
My Notes
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