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Cliff Asness: Indexing Is Capitalism At Its Best

TedTed
in The Bullpen
FYI: A recent Sanford Bernstein research report titled "The Silent Road to Serfdom: Why Passive Investing is Worse Than Marxism," besides starting quite the kerfuffle in the financial world, raises some eternal questions.
Regards,
Ted
https://www.bloomberg.com/view/articles/2016-09-02/indexing-is-capitalism-at-its-best
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