The Myth of the Rational Market: A History of Risk, Reward, and Delusion on Wall Street
Justin Fox, business and economics columnist for Time magazine, presents a history of Wall Street from its inception and the basic principals of the Market to the people who won and lost fortunes. He focuses on the efficient market hypothesis and profiles a group of current economists who now refute its tenets of a market that is never wrong and that maintains that the greatest signifier of a stocks value is based on the decisions of judicious investors. This event was hosted by the World Affairs Institute in San Francisco.
