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Suppose that you said to Eugene Fama and Robert Shiller that Warren Buffetts tremendous stock performance over decades managing Berkshire Hathaway (BRK) is evidence that
Suppose that you said to Eugene Fama and Robert Shiller that Warren Buffetts tremendous stock performance over decades managing Berkshire Hathaway (BRK) is evidence that markets are inefficiently priced and bubbles exist. How do you think that Fama and Shiller would respond? Explain with examples and refer to historical bubbles
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