Thorsten Hens, professor of Finance at university of Zurich, on why “short-term” market speculation can last for years

Just interviewed Thorsten Hens, professor of financial economics at the University of Zurich and one of the top finance minds Europe, and we got into why financial markets are so difficult to understand, even when you've spent decades studying them. He brought up George Soros and reflexivity. His example, paraphrased: the weather doesn't give a shit what I think about it. But if I think the AI bubble is about to burst, I might sell. If enough people do the same, that belief starts affecting pric

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