Can there be a secret to winning the game of investing? Why is it that some people have a positive experience when they invest, and others don’t? Surely the underlying market, the stock market, is the same for both investors? The question has been asked for many years. Some say there is no free […]
Do market prices generally reflect all available information? Or are they prone to bubbles? On this episode of from the Chicago Booth Review, 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.