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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.

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

Key Highlights

  • 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.
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Sources

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

This quick summary is automatically generated using AI based on reports from multiple news sources. The content has not been reviewed or verified by humans. For complete details, accuracy, and context, please refer to the original published articles.

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