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  1. Revisiting the Big Market Delusion

    [CENTER]Aswath Damodaran[FONT=georgia]

    In the [B]aftermath[/B] of every[B] correction[/B], there are many who look back at the bubble as an example of irrational exuberance. A few have gone further and argued that such episodes are bad for markets, and suggested fixes, some disclosure-related and some putting restrictions on investors and companies. In fact, in the aftermath of every bursting bubble, you hear talk of how more disclosure and regulations will prevent the next bubble. ...
    Wall Street