See A Bubble? Get Out Of The Way.
by John Coumarianos In early March, we reprinted an article I wrote for Citywire on bubbles. That article focused on an academic paper called “Bubbles for Fama” by Robin Greenwood, Andrei Shleifer, and Yang You on spotting bubbles that tried to provide a definition that would satisfy proponents of the efficient markets hypothesis who doubt that bubbles … Read more