Monday, October 18, 2004

Fama on Market Efficiency- Not the same old thing!

sometimes I hate technology! I have rewritten this three times now. It keeps disappearing.

WOW! If you have not read today's WSJ piece on Market Efficiency be sure to do so! It is on the first page (far left hand column) by Jon Hilsenrath. It is worth making a trip out to buy the paper if you do

Short version:

Even Fama is now admitting that behavioral finance has its place in the field.


As a rule I will not link to material you have to pay for, but this is so good I had to!

http://online.wsj.com/article/0,,SB109804865418747444,00.html?mod=home%5Fpage%5Fone%5Fus



more to follow...

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