Excess Returns  cover image

Option Dealer Flows, Inflation and Investing in a Changing World with Cem Karsan

Excess Returns

00:00

Inequality Is Not a Natural Construct

For the most part, these corporations didn't make money for 20 years. And it's a secular momentum factor, kind like we talked about at the beginning of this show. So we've just dramatically gotten the passive floes, which you get up. The problem with maxim izing to the mean is, ultimately, this competitive world leads to inequality. Inequalityis, you know, equality is not a natural construct.

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