The Decline of Active Management, the Rise of Market Nihilism, & the Fall of the Roman Republic | Mike Green

This is the second part of our episode with Mike Green on the rise of passive investment strategies and their impact on market structure. Originally available only to our Patreon subscribers, this recording is both a continuation of our conversation on the decline of active management, as well as a historical discussion about how we may be repeating many of the errors and societal dramas that laid the groundwork for the dictatorship of Julius Caesar and the fall of the Roman Republic.