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If I were to choose one thing from the academic world of finance that I think more individual investors need to know about, it would be the efficient[...]
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A summary of the ways in which investors behave irrationally. It also suggests ways to adjust strategies for this by spotting investment bubbles.
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Using mean reversion, economists and regulators can predict economic bubbles BEFORE they burst. It also provides another nail in the coffin of the Ef[...]
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