Our readingWhat is a korrent?
The pull of fundamentals that used to reverse market momentum has weakened, so betting on mean reversion is more dangerous than it was.
Drawn from what Aswath Damodaran said
What this subject means
investing Putting money into markets on purpose: what a portfolio is for, whether active management earns its cost, and what money is actually a means to.
In the views oninvestingunder our view: Whether markets have grown more efficient or less is itself disputed