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Mike Green on the Dangers of the Rise of Passive Investing

Excess Returns

00:00

Fundamental Investing

Seth Klarman: The market has always been about flows. If you get those names right, and you do that fundamental analysis right, you're going to win. He says he doesn't think passive is the end of the world; it's not the worst thing that's ever happened. But when it becomes the only game in town where everything is about, "it doesn't really matter"

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