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Re: shmolton post# 57

Thursday, 02/22/2007 9:20:47 PM

Thursday, February 22, 2007 9:20:47 PM

Post# of 170
Tal Fishman and Harrison Hong, Princeton University, and Jeffrey D. Kubik, Syracuse University
"Do Arbitrageurs Amplify Economic Shocks?"
Discussant: Michael Rashes, Bracebridge Capital


http://www.econ.yale.edu/~shiller/behfin/2006-11/fishman-hong.pdf

When investing always start with an assumption that the stock market is dead wrong.

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