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Passive investing has eaten active management’s lunch for decades. Its market share has grown steadily, capturing disproportionate amounts of inflows and allocation changes. Backed …
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Source: Wikipedia. Engraving depicting the Amsterdam Stock Exchange, built by Hendrik de Keyser c. 1612 by Claes Jansz. Visscher
Central bankers catch a lot of flak these days. To be sure, …
Back To The Future With Private Investments
Image source Universal Studios via Wikipedia
I often feel like the financial markets are crumbling around me. It’s not their price levels that trouble me, but their health. The capital markets …
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