A new look at active vs passive (Michael Green)

推荐理由

You'd probably be interested in listening to this talk by Michael Green

推荐PascLeRasc · 原文2021年4月

说明

这是2020年由Bridge Alternatives发布的一部演讲，主题归在Investing & personal finance。它讲的是passive investing这一支里的具体问题，而不是把整个领域扫一遍。适合已经能看懂基本术语、想继续往下走的人。内容上可以概括成：Michael Green of Thiel Macro presents a thesis that the growth of passive investing distorts how markets price new money flows. He ties short-term market behavior to longer-term demographic cycles and its effects on valuations and volatility.这些读者给出的理由，核心是：HN points to it in investing threads as an argument that passive index flows distort markets and could precede a crash.它贴着当时的技术，看的时候要记得那是那个年份的判断。从2020年到2025年，有1位不同的读者在2个不同月份把它推荐出来，其中明确叫别人去看的有0次。适合一次性看完。讲者把一个判断讲透，演示是在给这个判断配例子。如果已经会了基本定义，就把注意力放在它怎么把passive investing变成能跟着复述的例子。

视频信息

频道

Bridge Alternatives

时长

46 分 58 秒

发布年份

2020

同主题更多

• Jim Simons (full length interview) - Numberphile
• This is Financial Advice
• The Psychology of Human Misjudgement - Charlie Munger Full Speech
• The Simple Path to Wealth | JL Collins | Talks at Google
• All-In Summit: Bill Gurley presents 2,851 Miles
• The IOU Machine: How Currency Is Created | Hidden Secrets of Money Ep. 4