Are markets efficient?
Chicago Booth Review Chicago Booth Review
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 Published On Jun 30, 2016

review.chicagobooth.edu | Do market prices generally reflect all available information? Or are they prone to bubbles? On this episode of The Big Question, two members of the Chicago Booth faculty—Nobel laureates Eugene F. Fama and Richard H. Thaler—discuss how markets behave (and misbehave). Along the way they discuss value stocks versus growth stocks, the existence of economic bubbles, and the curious case of the CUBA Fund.

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