The Importance of Market Efficiency in the Global Economy

Hal Weitzman: Both of you are involved with money management firms that seem profitable. So if someone would say, well, you're coming at it from completely different perspectives, we're able to make money basically with the same strategy as you pointed out. What is the big disagreement here? Well, the strategies aren't exactly the same. And David Booth is a better marketer than anybody at Fuller and Taylor. If there's a non-academic point about this, it's whether things like,. let's say, the rise of technology stocks in jeans on or I won't refer to it as a bubble. Whether that was a misallocation of resources. On hindsight, it