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The claim that passive investing has made markets less efficient is overwrought.
Drawn from what Aswath Damodaran said
A private bookmark. Not a position, and never counted.
What Aswath Damodaran actually said
Word for word, with the source under each one. They did not write this page.
Professor of finance at NYU’s Stern School of Business
Doomsday stories about how passive investing is making markets less efficient and less inclined to reflect fundamentals strike me as overwrought
Added to korrents 18 Jun 2026 · How quotes work · Something wrong? Tell us
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