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Musk blasts public markets,says indexing has 'gone too far' | Emily Graffeo and Kurt Wagner

Elon Musk is lashing out at the state of US financial markets. In a wide-ranging talk with ARK Investment Managementโ€™s Cathie Wood Thursday, he bemoaned the high regulatory burden faced by publicly traded companies, the pressure from shareholders that limits efficiency, and how passive investing is stoking volatility. The complaints…
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