Thanks. All this, as well as your previous post, is interesting, although not really news. But what behavioral finance explanation do you give to those...
Just a few points: Foreign central banks have of course been Big winners.. Starting from say June of 2004.. the Bond market i.e the price of zero coupon...
It's quite obvious you don't understand the basic fundamentals of the current asset bubbles amd what causes the proliferation of these asset bubbles. And their...
I don't have an explanation, perhaps you folks can come up with some... Perhaps "denial"? Unsustainable situations lasted longer than those who believed in...
I think Lord Keynes, perhaps, put it best: In the end, we all die. ... __________________________________ Do you Yahoo!? Send holiday email and support a...
Very good. However, as Keynes said "successful investing is anticipating trhe anticipations of others." He also remarked that "the market can remain irrational...
Excellent point, re: "the beauty contest" I'll switch from Keynes to Graham Over the short term, the market is a voting machine. Over the long term, the...
Right. I have a problem with Graham's long run. It is in deadly disagreement with keynes's long run. Given the opportunity cost, do I really have a choice? ...
Why do you believe that Graham's long run is different than Keynes' long run? I believe that the difference is actually a "style" difference wherein Graham,...
Dr. Labitan: I do not follow you here. What is this in reference to you. Please expalain. Thank you. "C Labitan Jr. MD MBA" <c_labitan@...> wrote: Ben...
any expetrs there to commend about BF_ AN INDIAN CONTEXT? ... Do you Yahoo!? All your favorites on one personal page – Try My Yahoo! any expetrs there to...
HAPPY NEW YEAR TO ALL i am krishna kumar , a Jr. professor in finance , here at a Indian B-school,., i would like to get info .,, A to Z abour behavioral...
I think it is very hard to apply the concepts of Behavorial Finance to Indian Markets where the markets are largely dominated by Huge Investors. Regards, ...
I'm a bit late but I'd like to give my two cents, anyway I think that I'd need a bit more information on this matter. I do not think that there is a bubble in...
Hi, dear members and visitors! Again best wishes to all of you for 2005 Including for your nomination as king / queen. I'm refering to a practice we have here...
Dear All, I have an argument for all of u. The Efficient Market Hypothesis (EMH) implies that the trading strategies based on same information,already embodied...
You must have a homework assignment due soon. ... __________________________________ Do you Yahoo!? Read only the mail you want - Yahoo! Mail SpamGuard. ...
Hi everyone, I am looking for a paper by Favre and Galeano (2002) in which they developped the modified VaR. I am studying performance measures and i have to...
I'm afraid that your question is asking for writing a full treatise, that various authors already wrote, about behavioral finance as * an alternative ? * or a...
... In my view, the widespread acceptance of strict EMH bolsters the notions behind behavioral finance. All securities priced efficiently all the time is a...
This is interesting. However, you do not explain why prices are not efficient. To be more "precise" how do you determine whether the level of prices is...
... not efficient. To be more "precise" how do you determine whether the level of prices is efficient or not. Is there any "scientific" measurement for that?...