Today’s markets are dominated by computer-based trading and complicated algorithms that can profit from very small inefficiencies in the market over split second periods of time. Many argue that these computer systems have made outperforming the market considerably more difficult. Yale professor Robert Shiller looks at this argument in his latest article for Capital Finance International. Shiller looks at the recent book “The Incredible Shrinking Alpha”, which argues that ““the hurdles to achieving alpha [returns… Read More
Nobel Prize-winning economist Robert Shiller says US stocks are among the most overpriced in the world. But he’s not ditching American equities altogether.
Nobel Prize-winning economist Robert Shiller — who called both the technology bubble and the housing bubble — says the bond market is not currently fitting the traditional definition of a bubble. But he says that long-term bonds are a risky choice right now.
Nobel Prize-winning economist Robert Shiller says that, while US equities look to be on the pricier side, stocks in other parts of the world are dirt-cheap.
Nobel Prize-winning economist Robert Shiller says that, while valuations are quite high, he isn’t ditching stocks.
In a recent interview in Forbes, Nobel laureate Robert Shiller says that the stock market is not as overvalued today as it was in 2007 — but it’s getting darn close.
Yale Economist Robert Shiller says that some tech stocks look and feel like they are in a bubble right now, but that it doesn’t seem as bad as the late 90s tech stock bubble. Shiller tells Bloomberg that the market overall is “on the high side and it’s being driven by technology recently, but it’s not like it was [in the late 90s].” He notes that his 10 year cyclically adjusted price/earnings ratio was nearly… Read More
Are we in the midst of another tech bubble? Recent headlines proclaimed that noted bubble-caller and Nobel Prize-winning economist Robert Shiller had said so, but in his latest for Canada’s Globe and Mail, Validea CEO John Reese says that’s not the case.
Nobel Prize-winning Yale Economist Robert Shiller recently appeared on WealthTrack and offered some of his thoughts on where he’s been finding value in the stock market.
The world often wants top investors and economists and strategists to give advice. But what’s the best financial advice that those great minds have received? The Wall Street Journal posed that question to a number of top thinkers recently. The respondents include Nobel laureates Robert Shiller and William Sharpe, as well as investment gurus Carl Icahn and Seth Klarman. A few of the responses dealt specifically with not falling prey to short term thinking. “An… Read More