"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)
Links - 12/16/2020
Links - 12/16/2020
Links - 12/16/2020
"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)