2/ In a “call to arms” paper, I argue that neglect of selection bias in social observation is one of the key sources of bias in the transmission of ideas and behaviors.
1/ There is surprisingly little discussion about seemingly huge (sorry) stock market trading opportunities coming from political disagreement after the election. This possibility is important from both a practical and a scientific perspective. Here's a first take.
2/ Although Left and Right disagree sharply on almost everything, it seems to me that both will be able to agree that stocks are severely mispriced.
The Left and Right, including financial professionals, have very different ideas about how the world works, ...
Mar 16, 2020 • 26 tweets • 6 min read
1/ Is the stock market response to COVID-19 a once-in-a-generation mispricing? Has the pandemic really reduced the fundamental value of the US stock market on the order of 30%?
1/ What do turkeys marching around a dead cat have to do with stock market bubbles?
Starting today, I’ll be summarizing in a series of tweets my Presidential Address to the American Finance Association. I’d love to hear your reactions!
