Feedback
European Shorting
My Portfolios
Browse Gurus
Print
Email
Robert Shiller gives a lecture on the topic of his more recent book Finance and the Good Society.
"Mr. Shiller argues convincingly that the good society requires an effective financial sector, and the way to extend the good life to more people is not to shrink the sector nor 'restrain financial innovation but instead to release it.' That does not mean that fraudsters and others who broke the law during the bubble years should go unpunished, of course, and Mr Shiller rightly calls for financial innovation to take place in a 'way that supports the stewardship of society's assets,' a philosophical underpinning that Wall Street's financial innovators seem to have been steadily forgetting since the 1980s.'
For those too cheap to buy, or too lazy too read the book.....here is the Shiller lecture.
Robert Shiller Lecture - Finance and the Good Society
Tickers in the article:
A Screener Endorsed by Warren Buffett without Knowing
In a recent interview Warren Buffett mentioned three companies that he finds attractive. Out of the three companies he mentioned, two of them are listed in GuruFocus’ Buffett-Munger screener. Buffett-Munger Screener looks for high quality companies that are traded at fair prices, the kind of companies that Buffett buys and hold forever. The Model Portfolio of Buffett-Munger Screener has outperformed the market year-over-year. It is just one of the features provided with GuruFocus Premium Membership.
Subscribe RSSComments
Patience Investing, Inc. - 5 months ago
My understanding and opinion is that financial innovations did more harms than any benefits. I wonder what would be Prof. Shiller's response to high frequency trading (HFD) or collateralized debt obligations (CDOs).
RSS