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1. Overreaction and bias in the stock market 2. Back to forecasting Current stock value = PV future dividends P…

Documents Overreaction and bias in the stock market Back to forecasting Current stock value = PV future...

Slide 1 Slide 2 Overreaction and bias in the stock market Slide 3 Back to forecasting Current stock value = PV future dividends P = D 1 /(r -g) D 1 = next expected dividend…

Documents The Inefficient Stock Market Chapter 15: “The Wrong 20-Yard Line”

The Inefficient Stock Market Chapter 15: âThe Wrong 20-Yard Lineâ The Trilogy âThe New Financeâ âBeast on Wall Streetâ âThe Inefficient Stock Marketâ âThe New Financeâ…