Lecture, Barnard's Inn Hall, Monday, 10 Jun 2024 - 18:00

Are Financial Markets Efficient?

a woman looking at bar graphs on a computer screen

One of the crucial ideas in finance is that markets are efficient – that they fully reflect all available information. If so, what about market bubbles?

Over the last year, people have been willing to pay exorbitant amounts for extremely odd assets such as Non-Fungible Tokens, meme stocks etc. Why do they do this?

This lecture will explore some investors’ systematic behavioural biases, and how these can be used to predict returns.

Professor Raghavendra Rau

Professor Raghavendra Rau

Mercers’ School Memorial Professor of Business

Professor Rau is the Sir Evelyn de Rothschild Professor of Finance at Cambridge Judge Business School. He is a past president of the European Finance...

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