William Bernstein, Efficient Frontier – We Are Creatures That Seek Compelling Narratives

The Meb Faber Show | 2 September 2021 | 0h 56m | Listen Later | iTunes | Spotify
Interview with William Bernstein about his book The Delusions Of Crowds: Why People Go Mad in Groups. Explains why we’re susceptible to manias and backgrounds situations that have seen extreme speculation. Discusses today’s market: Robinhood, meme stocks, lofty valuations, and crypto. Debunks prevailing narratives around star fund managers and the notion that the Fed will save the market.

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