Awarding the 2013 Nobel Prize in economic sciences jointly to Eugene Fama and Robert Shiller puzzled many. “If you’ve been wondering whether it’s possible to regularly beat the stock market averages,” wrote Steven Rattner, a Wall Street financier and commentator at the time, “you didn’t get any guidance from the Nobel Prize committee this year.”

Rattner placed Shiller in one corner, claiming that the Yale University finance professor “argues that markets<a href=”… – All MarketWatch News – Personal Finance