Why the Efficient Market Hypothesis Is Bunk
"I believe there is no other proposition in economics which has more solid empirical evidence supporting it than the efficient market hypothesis." - Michael Jensen, Harvard Business School...
"I believe there is no other proposition in economics which has more solid empirical evidence supporting it than the efficient market hypothesis." - Michael Jensen, Harvard Business School...
"... People will make mistakes. Some will alter their system or jump from system to system as each one has a losing period. Others will be unable to...