Stock prices are likely to be among the prices that are relatively vulnerable to purely social movements because there is no accepted theory by which to understand the worth of stocks....investors have no model or at best a very incomplete model of behavior of prices, dividend, or earnings, of speculative assets.
Robert J. ShillerMoney management has been a profession involving a lot of fakery - people saying they can beat the market, and they really can't.
Robert J. ShillerThe ability to focus attention on important things is a defining characteristic of intelligence.
Robert J. Shiller