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Talk Your Book: Investing in Private Credit ETFs and All-Time Highs

Animal Spirits Podcast

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Market Highs and Investor Behavior

This chapter examines stock market behavior at all-time highs and its implications for investors, challenging the belief that such peaks predict declines. The discussion covers the rise of passive investment strategies, the performance of small-cap stocks relative to larger indices, and the complexities of market dynamics during turbulent times. Additionally, it highlights how misconceptions about valuation spreads and indexing can affect investment strategies and outcomes.

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