Strategist who said passive investing is ‘worse than Marxism’ says AI plays are only making the problem worse

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: MarketWatch

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Strategist who said passive investing is ‘worse than Marxism’ says AI plays are only making the problem worse

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