A Wall Street strategist who made a splash a decade ago with a report arguing that the rise of passive investing was “worse than Marxism” has said the problem is even bigger than he initially realized.
Source: https://www.marketwatch.com/story/strategist-who-said-passive-investing-is-worse-than-marxism-says-ai-plays-are-only-making-the-problem-worse-492c7fd4?mod=mw_rss_topstories
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