Shiller On The Art Of Stock-Picking and Psychology Of Investors

Robert Shiller, A 67-year-old Yale University professor best known for his early, accurate prediction that U.S. house prices were a bubble just waiting to burst, has long worked at the intersection of psychology and economics. Shiller recently shared the Nobel in economics for insights into why prices of stocks and houses fluctuate as they do, particularly work showing that markets move too much to be explained by rational investors responding to changing fundamentals.

Robert Shiller On The Art Of Stock-Picking