"Everybody can talk about the problems, but very few investors act on them. That has a lot to do with both the trend towards indexing and, more broadly, the tendency of institutional investors to have to more or less mimic each other." --Seth Klarman (1991)
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Links - 12/16/2020
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"Everybody can talk about the problems, but very few investors act on them. That has a lot to do with both the trend towards indexing and, more broadly, the tendency of institutional investors to have to more or less mimic each other." --Seth Klarman (1991)