Frankly Speaking

The Efficient Market Illusion: Central Banks…

Feb 4

The Efficient Market Hypothesis gives the impression that there is a difference between investing in the stock market and investing in a business.

2 Comments

Couldn't agree more. Markets are far from perfect algorithms.

Maurice O'Shannassy

Great article. It is beyond incredible that anyone believed the EMH given all the evidence to the contrary and of course simple logic.

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