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Behavioral Finance: Mind over Money » The Calculating Investor

I enjoyed this program on behavioral finance from Nova.  However, I think the program is a bit biased against the EMH professors (Fama, Cochrane, and Becker).

I believe that market prices may sometimes be irrational, but I also believe that there is a big difference between showing that individual investors are prone to irrational behavior and showing that markets as a whole behave irrationally.  I think the program does a poor job of distinguishing between the two.

What do you think?

Via The Finance Professor

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