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Re:Are Index Funds Communist? by nradov on Thursday January 17, 2019 @05:15PM (#18935179)
Not at all. Arbitrageurs will always trade away such market inefficiencies. Ultimately valuations always converge to DCF, although it can take a while.
Re:Are Index Funds Communist? by polskibus on Thursday January 17, 2019 @05:16PM (#18935185)
That's very interesting, can you point me to some reading material related to DCF convergence?