Capitalisn’t | 12 June 2025 | 0h 51m | Listen Later | Podcasts | Spotify
Interview with Cliff Asness about his paper The Less-Efficient Market Hypothesis. Argues that social media and low interest rates, among other factors, have distorted market information so that stocks have become disconnected from their true values. This distortion has directed funds toward undeserving assets and firms and staved off necessary market corrections.