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#56: Joseph Wang On How The Fed Forever Altered The Investing Landscape

Superinvestors and the Art of Worldly Wisdom

NOTE

The Evolution of Value Investing and the Drivers of Asset Prices

Value investing was popular in the 80s but has become less effective in recent years. Over the past 10 years, official sector actions like fiscal and monetary policy have become the main drivers of asset prices. This shift started after the great financial crisis with the onset of quantitative easing.

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