Indexing and passive investing have created a fundamental divide between how investments trade in public markets versus their underlying value, generating persistent mispricings where companies that don't fit indexes trade at low prices despite sound fundamentals.

causalpending

Speaker

Bruce Flatt

Evidence Quote

If you don't fit the indexes, you have no buyers...creating a large disparity in some securities at points in time between the price of them in the market and the value of the underlying assets.

Source

Lessons from a lifetime of investing and outperforming | Bruce FlattThe Knowledge Project Podcast
Created: 8/11/2026, 7:11:43 AM

My Notes

Loading notes...