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or intermediaries like analysts private information you know what does the manager know or what do sophisticated investors know
and then agency friction so you know jensen and meckling and and that and that those sorts of arguments so everything sort of goes you know you
got your setting pick one of those four as your frictions to motivate a prediction then once you've got your your theory
Listen to native speakers pronounce “meckling” in real conversational contexts with synchronized timestamps and subtitles.