Michael Wolraich: People tend to gravitate to a single, trusted, new source. He says people don't have access to that filtering characteristic of social media. And instead, they're very reliant on guros and those with louder voices in their decision making. "There is no one true faith in anything," he adds. 'I'm an enemy of dogmatic thought'
In this episode of Infinite Loops we spoke with Michael Green, Partner & Chief Strategist at Logica Capital Advisers. In a wide-ranging discussion that could have lasted the rest of the day, we covered:
- The passive narrative, and its impact on market structure.
- Vanguard and Blackrock’s lobbying efforts.
- Target Date Funds and their increasing dominance.
- COVID-19 and the government’s response.
- The power of language.
- Michael’s recent paper: Policy in a World of Pandemics, Social Media, and Passive Investing (linked below)
And much more. You can find Michael’s paper here: https://www.logicafunds.com/policy-in-a-world-of-pandemics