Why do you say traditional stock market investing is misleading?
Replied byMarc Rowan
CEO & Co-Founder at Apollo Global Management
Niche: Finance, Investment, Technology
Revenue: $1M+/month
Location: USA
Started: 1990
Public markets are shrinking. We had 8,000 listed companies, now it’s 4,000 and falling. Ten stocks make up 40% of the S&P 500. Diversification is vanishing, and stocks and bonds are fully correlated. Passive indexing dominates, but 90% of active managers fail to beat the index. That’s not real investing anymore.
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