PT - JOURNAL ARTICLE AU - Frank Fabozzi TI - Practical Applications of John Cochrane — Conversation with Frank Fabozzi AID - 10.3905/pa.2022.pa499 DP - 2022 Mar 16 TA - Practical Applications PG - pa.2022.pa499 4099 - https://pm-research.com/content/early/2022/03/16/pa.2022.pa499.short 4100 - https://pm-research.com/content/early/2022/03/16/pa.2022.pa499.full AB - Frank Fabozzi interviewed John Cochrane of the Hoover Institute and Stanford University about the latter’s views on a number of timely topics, including the following:Regulation of banks and financial marketsThe efficient market hypothesis and rational expectationsThe cyclically adjusted price-to-earnings (CAPE) ratioHigh-frequency tradingPredicting asset bubblesCryptocurrenciesUnderappreciated risksInvestor focus on market efficiencyThe long-term outlook for stocksThe risk-free rateCore investment beliefsStock buybacks