Econintersect: A quiet and unassuming Robert Shiller made his Nobel Laureate acceptance address as a lecture with data. In the most humble and unassuming way (maybe even shy), Shiller dissected the Efficient Market Hypothesis and threw the pieces on the floor at the feet of co-awardee Eugene Fama who was sitting in the front row. Fama received his award for his work in developing the Efficient Market Hypothesis.
Eugene Fama had no chance to reply on the day. His address was given before Shiller’s.
Advance the video to the 1 hour 10 minute mark for the start of the Shiller address.