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S&P 500
5,477.90
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0.16%
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US TECH 100
19,178.40
(
-0.19%
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Dow Jones
39,127.80
(
0.04%
)
Brent Oil
84.95
(
0.57%
)
Bitcoin
60,840.08
(
0.04%
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flota

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flota

Re: shmolton post# 57

Thursday, 02/22/2007 9:22:23 PM

Thursday, February 22, 2007 9:22:23 PM

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Robin Greenwood, Harvard University and Stefan Nagel, Stanford University and NBER
"Inexperienced Investors and Speculative Bubbles"
Discussant: Jeremy Stein, Harvard University and NBER

http://www.econ.yale.edu/~shiller/behfin/2006-11/greenwood-nagel.pdf

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

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