Irrational Exuberance: Risk Management Lessons from Shiller’s Classic
May 17, 2022 at 17:59 PM EDT
On March 15, 2000, Robert Shiller published the cautionary tale ‘Irrational Exuberance.’ The Dot-com bubble burst seven trading days later, and the S&P 500 lost nearly half its value over the following three years. What lessons can be learned by revisiting the driving factors of...
