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Is the Price Right? Two Nobel Laureates Debate How Markets Work

Chicago Booth Review Podcast

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The Debate About Investing Strategy

Jean Farmer: Is this really an academic debate? You said at the beginning that you essentially agree about investing strategy. What regular investors should do? So is this a debate that really affects the typical investor, retail investor? I don't think- I mean, I think when Kahneman was asked that we got in a well-priced, how she'd invest this behavior, he basically said they should buy an index fund.

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