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Meb Faber — Two Quants Walk into a Bar (EP.110)
Infinite Loops
Is the Stock Market Getting Hammered?
Stated preferences over the last 15 years have become more and more falsified. People have gotten used to simply lying about how they feel. Revealed preferences are, how much money do you actually have long at the stock market? What's your application to the risk asset? And so i think that theyghl probably for right now, yet, they've definitely diverged.
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