- Michael Livian
NOBEL PRIZE SHILLER: "GET AN ADVISOR"
Professor Rober Shiller is widely acknowledged for foreseeing the tech led stock market crash in 2001-2003 and the US housing driven financial crisis in 2008. He is most known for his studies in investment bubbles and irrational behavior of investors.
In a recent interview with the Wall Street Journal he suggests that inviduals should work with investment professionals rather than do it themselves, given the irrational, unpredictable and volatile nature of stock markets.
Read the full interview with the Wall Street Journal.