Nisimd: Tayleb is being incredibly inconsistent his own work. I don't think any part of the distribution is nowable, he says. We have an assumption that the future is going to largely look like the past. That's a short vald expression. You are in enly saying that the characteristics in the future look very much like the past,. It's an assumption, and i don't think it actually holds interesting.
In this episode of Infinite Loops we spoke with Michael Green, Partner & Chief Strategist at Logica Capital Advisers. In a wide-ranging discussion that could have lasted the rest of the day, we covered:
- The passive narrative, and its impact on market structure.
- Vanguard and Blackrock’s lobbying efforts.
- Target Date Funds and their increasing dominance.
- COVID-19 and the government’s response.
- The power of language.
- Michael’s recent paper: Policy in a World of Pandemics, Social Media, and Passive Investing (linked below)
And much more. You can find Michael’s paper here: https://www.logicafunds.com/policy-in-a-world-of-pandemics