Gresham College provides outstanding educational talks and videos for the public free of charge. There are over 2,500 videos available on our website. Your support will help us to encourage people's love of learning for many years to come.
The Efficient Market Hypothesis argues that stock markets are rational – they take into account all relevant information, and incorporate it in an unbiased way. This talk will present evidence that stock prices are instead driven by human psychology.
In this lecture we follow his early years, when he published The World of Art, a provocative Russian journal, exhibited Russian visual art in Paris, and then brought Russian music there, culminating in his production of Musorgsky’s opera Boris Godunov.