CFA Institute
April 09, 2021
Shaping the investment industry for the greater good.

Market Bubbles - do they exist?

In his latest brief from the CFA Institute Research Foundation, David DeRosa explores the concept of market bubbles and challenges the ready acceptance of their existence. His skepticism shows through, but he makes no secret of it and, in fact, shares good evidence that even if they do exist they may not be as important as we think.

Read the book:  Bursting the Bubble: Rationality in a Seemingly Irrational Market

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