Why Those Guys Won the Economics Nobels
Harvard Business Review
APRIL 2, 2014
Others, most notably money managers and former Fama students Cliff Asness and John Liew in an epic Institutional Investor article , have done a lot recent to clarify how Fama’s ideas and Shiller’s can at least co-exist peacefully. Shiller hammered away on this point in the ‘80s, and in fact Fama also published some of the same observations.
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