Are we in an Equity Bubble?
Radio Feature 87: Sona Blessing in conversation with Prof. Dr. Didier Sornette
Friday, November 08, 2013
- Ayaltis Annula Investor Event 2013
Amongst his numerous academic accomplishments, publications and titles, Dr. Didier Sornette is Professor on the Chair of Entrepreneurial Risks at the Department of Management, Technology and Economics (D-MTEC) ETH Zurich. He is Founder and Director of the Financial Crisis Observatory, Co-founder of the ETH Risk Center, Member of the Swiss Financial Institute.
He has authored the monograph “Why Stock Markets Crash (Critical Events in Complex Financial Systems), and “Extreme Financial Risks (From dependence to risk management).”
His research priorities include:
Prediction of crises and extreme events in complex systems and risk management, with applications to social systems (financial crashes, economic systemic recessions, cyber risks) and natural systems (earthquakes, rupture, epileptic seizures, immune system collapse).
In this podcast he shares insights and observations on the formation of bubbles in financial markets, capturing performance in times of crises and more ...
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Are we in an Equity Bubble?
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Can you tell us what your definition of a financial crisis is and, of a bubble?
Do you believe we might currently be in an equity bubble?
Where, and which other sectors/assets do you believe exhibit bubble behaviour?
What have you learnt from asset bubbles that have occurred over the last 30 years?
How can investors and allocators apply your findings to capture positive performance from the phenomena of regime changes and bubble formations?
Could you elaborate on the occurrence of both positive and negative bubbles?
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