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3min chapter
Cliff Asness on Quant Value Investing
Masters in Business
Investing in Growth Stocks - Value Over Growth?
It takes a much longer time for excesses to get squeezed out of the market than people think. The trend is now at its back, but there can be huge reversals in any trend interim. We're seeing still a mispricing that prior to COVID I would have considered almost close to tide with the most extreme ever.
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