Meli: Public equity markets may be growing less efficient due to indexing
Adrian Meli · Adrian Meli – Active Equity Excellence at Eagle (EP.459) · Sep 15, 2025 · at 40:16
Adrian Meli of Eagle Capital Management discusses how passive indexing and pod-shop flows may be creating structural market inefficiencies.
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“I have a sneaking hypothesis that I'm hesitant to say out here because there's a high probability I'm wrong, but I will say it. I feel like the market's becoming a little less efficient in certain areas, and I'll explain it.”
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