Passive Inflows Steady The Market
58:52–1:00:00 · 68s
Galloway posits markets act like subscription businesses due to passive flows; Damodaran agrees it adds predictability but fuels momentum effects.
58:52–1:00:00 · 68s
Galloway posits markets act like subscription businesses due to passive flows; Damodaran agrees it adds predictability but fuels momentum effects.
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