
Robert Shiller and Burton Malkiel debate market efficiency.
Robert Shiller and Burton Malkiel debate market efficiency.
Market prices are created by millions of different opinions, time horizons, risk appetites, investment styles and personality types. These differences are what make a market. Otherwise, there would be few transactions and a lack of liquidity. Investor sentiment is often based not only on what’s going on in the markets but also how people position…
What is going to happen to schools in the fall?
Stock market returns following a huge up month.
Social security can still be used in financial planning for young people.
Why Warren Buffett never got a chance to buy.
Michael and Ben discuss Warren Buffett’s shareholder meeting, the 2019 IPO class, dead malls and more.
Going through some of the companies I use that have been impacted by this crisis.
Why housing prices may not fall as much as you think during this crisis.
In February the S&P 500 fell more than 8%. Not to be outdone, March was one of the worst months in market history, dropping more than 12%: Just to keep investors on their heels, April followed up one of the worst months in history with one of the best ever: To recap: Nasty month in…