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New Nobel Prize Winner and Housing Guru Robert Shiller on the Inefficiency of Markets

October 15, 2013 | About:

Robert Shiller is not a proponent of the efficient market theory.

He has good reason not to believe as he was one of the individuals who spotted how insanely overvalued the housing market was in 2007.

Today he thinks the U.S. stock market is not cheap, but it is reasonably valued and should be part of your portfolio.

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