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2min chapter
Jared Dillian: Sentiment Is Still Really, Really Bad
Forward Guidance
Robinhood and Responsible Investing
If 100% of the world was invested in the S&P 500, then basically every company in the index would be mispriced. It's the actions of active investors that drive valuations to where they should be. Robinhood is marketing like responsible investing? They're marketing entertainment. You don't feel like there's a negative? No, I really don't.
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