Eugene Fama Vs Richard Thaler – Are Markets Efficient?

Eugene Fama - Are Markets Efficient? by Jeffrey Carter, Points And Figures

I totally love this discussion. It’s one reason that if you get an MBA, you want to do it at Chicago Booth. They smash differing ideas together-and they are tolerant. More people should be tolerant. Hal Weitzman really has a great series that he has put together. I’d encourage you to watch a lot of the videos.

Markets make decisions better than centralized bureaucracies.  There is no systematic way to identify a bubble.  You only see them in the rear view mirror.  They do talk about the tech bubble of the early 2000’s.

Free markets are under assault today.  No one believes...