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Robert A. Haugen is Emeritus Professor of Finance at the University of California, Irvine. Professor Haugen has held endowed chairs at the University of Wisconsin, the University of Illinois, and the University of California. He is the author of more than 50 articles in the leading journals in finance and 13 books, including The Incredible January Effect, The New Finance, Beast on Wall Street, and Modern Investment Theory. He serves as Managing Partner to Haugen Custom Financial Systems, which licenses portfolio management software to 25 pension funds, endowments, and institutional and high-net-worth money managers. Visit Robert Haugen's Web site at: www.bobhaugen.com .
Haugen is making a very fundamental accusation/challenge that the core of modern financial theory (i.e. that higher risk leads to higher returns) is wrong. Read morePublished 10 months ago by Chad E. Brown
Robert Haugen's book "The Inefficient Stock Market" is one of the most frustrating books I've encountered. Read morePublished on September 21, 2013 by Ian K.
I have not read this book but I know something about it from Steve Keen's Debunking Economics. Keen seems to feel that Haugen has some valuable insight about why the stock market... Read morePublished on April 26, 2012 by Linksman
Business schools teach students that markets are efficient. They base this theory on the assumption that buyers and sellers are informed and rational. Read morePublished on August 12, 2009 by Mariusz Skonieczny
A must read if you want to understand what makes stocks prices move. A technical book but written in a very accessible and easy to read style.Published on August 20, 2006 by Obesessive Reader
I think that CAMP, APT, etc aren't good for investors, but this book misleads them even more. There are several mistakes, and opposite data in various chapters.Published on September 9, 2001