Passive Investing "Pseudo Science"?? per Robert Schiller

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slipp1229
Posts: 38
Joined: Wed Jun 19, 2013 9:52 am
Location: Metro Detroit

Passive Investing "Pseudo Science"?? per Robert Schiller

Post by slipp1229 » Tue Nov 14, 2017 4:20 pm

Interesting opinion by a rather smart (IMHO) financial guy, Robert Schiller.
But ... does what he say really make sense?

https://www.youtube.com/watch?v=nyOgoHZqcHM

Caduceus
Posts: 1459
Joined: Mon Sep 17, 2012 1:47 am

Re: Passive Investing "Pseudo Science"?? per Robert Schiller

Post by Caduceus » Tue Nov 14, 2017 4:33 pm

You've got to be careful. Even Nobel-prize winning economists want to line their pockets. Lately, he's been pushing products based on some enhanced formula/method that he designed.

I really liked Shiller's work on housing markets, and what he's been doing recently makes me lose all respect for the man. He has prostituted his intellect for financial gain. What a shame.


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