Markets

Even inefficient markets hard to beat

Name: Even inefficient markets hard to beat
Uploaded: 2014-05-22T09:24:46.626Z
Duration: 6 min 15 s
Channel: Financial Times
Description: Clifford Asness on Fama and Shiller’s takes on market efficiency

Eugene Fama and Robert Shiller shared the Nobel prize for economics despite opposing views of market efficiency. Clifford Asness, AQR Capital Management founder, says the truth lies between their views and even inefficient markets can be hard to beat.

May 22, 2014

Filmed and produced by Gregory Bobillot and Darryl Thomson.