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3min chapter
What the Rise of Passive Investing Means for Your Portfolio | Special Guest: Dave Nadig
Excess Returns
Exploring Market Dispersion and Price Discovery in Passive Investing
This chapter explores how dispersion in the market and the rise of passive investing impact price discovery and market efficiency. It challenges the notion that passive strategies do not affect valuations and discusses the implications of centralized capital allocation on the responsibility of setting prices.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode