Why ‘Big Short’ Investor Says Passive Funds Are Next Subprime Crisis

Michael Burry argues that passive strategies have distorted stock and bond prices much like CDOs did subprime mortgages.

source https://finance.yahoo.com/m/bb108b27-5ca7-3f8a-8248-f473ac29daa9/why-%26%2339%3Bbig-short%26%2339%3B.html?.tsrc=rss

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