Ritholtz's Masters in Business: Aswath Damodaran Interview
Masters in Business
00:00
The Pharma-French Factor Model and the Future of Investing
We have too much data now. Every year there's a new factor that people seem to be the first to six, he says. "Anytime you use any of these things, you're implicitly assuming mean reversion" He adds: 'If you look at 90% of investing, it's based on mean reversion'
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Transcript
