Efficient market theory maven Eugene Fama had characteristically pointed words for those working in the financial services sector. In a sold-out keynote speech to the CFA Society Chicago, Fama told portfolio managers their chosen vocations were “not full-time jobs,” saying […]
Tag: Efficient Market Theory
Valuation-Informed Indexing #338 by Rob Bennett I recently discovered the video of Robert Shiller’s acceptance speech when he received his Nobel Prize in 2013. I was cheering when he made a point that I have advanced several times in this […]
Inefficient Market Theory: An Investment Framework Based On The Foolishness Of The Crowd by Jeffrey C Hood Inefficient Market Theory – Description Efficient Market Theory is based largely on the concept of crowd wisdom – that a large group of […]
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Searching for Rational Investors In a Perfect Storm by Louis Lowenstein Abstract In October, 1991, there occurred off the coast of Massachusetts a “perfect storm,” a tempest created by a rare coincidence of events. In the late ‘90s, there was […]
Understanding Investment Risks In The Financial Markets by Goal Investor Do you go without health or homeowner’s insurance in order to save money? Do you go to casinos and play the slot machines? Ride a motorcycle without a helmet? Most […]
Sixteen Investing Lessons From Walter Schloss by Vishal Khandelwal, Safal Niveshak What do you call an investor who earned 16% per annum on average over a 47 year period – that’s a 1,070-bagger – and is not called Warren Buffett? […]