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#82 Bill Ackman: Getting Back Up
The Knowledge Project with Shane Parrish
Index Funds - How Do They Affect Investors?
Index funds effectively come to control corporate america. Their vote can be the deciding factor in a contest. The problem with the index fund business is it's really a commodity business. It's hard for them to scale, scale up and make thoughtful decisions about running businesses. i made small investment in company called sa which wants to put the vote back into the hands of the owner....
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