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US Stocks Too Richly Valued For Their Risk | John Pease, GMO

Thoughtful Money with Adam Taggart

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Navigating Passive vs Active Investing

This chapter explores the debate between passive and active investing strategies in the context of recent market dynamics. It scrutinizes the implications of passive investment flows on equity valuations and market efficiency, particularly addressing how retirement fund strategies impact stock pricing. The discussion emphasizes the potential for active management to seize opportunities away from large companies while highlighting the complexities of market distortions introduced by passive strategies.

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