Tag Archives: efficient market hypothesis

Burton Malkiel on the theory of efficient markets and index funds. – [VIDEO]

[Download this post to watch the embedded video if your feed reader does not show it to you.] Wikipedia: Efficient-market hypothesis.

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A Note on the Impotence of the Efficient Market Hypothesis

No one who makes a living trading really cares about EMH, but I’m not sure why failure to predict under EMH is that surprising. Markets do more discounting than predicting. That’s part of the reason why stocks are volatile — … Continue reading

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Critics of the efficient market hypothesis are all hat and no cattle.

Robin Hanson: EMH (at least the interesting version) says prices are our best estimates, so to deny EMH is to assert that prices are predictably wrong. And for EHM violations to be relevant for regulatory policy, price errors must be … Continue reading

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