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Professor Richard Thaler: Masters in Business (Audio)

Masters in Business

00:00

Bob Schiller and Eugene Fama

Bob schiller is also a behaviorist. He thinks people make mistakes. Markets get crazy. We have bubbles, we have crashes. One of his very best friends is wharton professor jeremy segel. Couldn't be more opposite philosophically than than professor schiller. Bob stocks for the long run? Oh, he can never. No, let's not worry about this. If you're thinking long term, you have to be long equities.

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