My god. Why does Canada do so poorly here? And the celibacy thing I've read about before. I think one of the major explanations is lack of socialization induced by social media platforms and internet technology. This is the same generation (mostly) that Haidt and Lukianoff discuss as having higher rates of mental health problems such as anxiety and depression. It's the "iGen" or internet generation (born after 1996) that didn't know a world before the internet and grew up relying on phones, tablets, and apps to interact with people. So the social anxiety likely paralyses many of them, as they fumble on how to talk to each other and ultimately how to form long-lasting sexual relationships.
I think Canada does so poorly possibly because we have a much smaller market with relatively few large cap stocks to select from and the index is dominated by 3 sectors. So funds that get to a certain size must all essentially invest in the same companies/sectors. There's simply less opportunity to be different from the market. Tack on comparatively high fees and you're basically guaranteed to underperform. Just my personal opinion...I haven't researched the topic.
What you say about social anxiety makes perfect sense. Interesting how the timing of the rise aligns with the mass adoption of smart phones beginning around 2008.
My god. Why does Canada do so poorly here? And the celibacy thing I've read about before. I think one of the major explanations is lack of socialization induced by social media platforms and internet technology. This is the same generation (mostly) that Haidt and Lukianoff discuss as having higher rates of mental health problems such as anxiety and depression. It's the "iGen" or internet generation (born after 1996) that didn't know a world before the internet and grew up relying on phones, tablets, and apps to interact with people. So the social anxiety likely paralyses many of them, as they fumble on how to talk to each other and ultimately how to form long-lasting sexual relationships.
I think Canada does so poorly possibly because we have a much smaller market with relatively few large cap stocks to select from and the index is dominated by 3 sectors. So funds that get to a certain size must all essentially invest in the same companies/sectors. There's simply less opportunity to be different from the market. Tack on comparatively high fees and you're basically guaranteed to underperform. Just my personal opinion...I haven't researched the topic.
What you say about social anxiety makes perfect sense. Interesting how the timing of the rise aligns with the mass adoption of smart phones beginning around 2008.