Is the Price Right? Two Nobel Laureates Debate How Markets Work
Chicago Booth Review Podcast
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The Taste of Value Stocks
Value stocks tend to be low-performing companies who have few investment opportunities and aren't very profitable. And maybe people just don't like those, he says. That story has more appeal than a mispricing story because mispricing should eventually correct itself. But the question is, if the people who dislike value stocks are behaviorless, that's worse.
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