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Tag: Warren Buffet

Criticism of Efficient Market Hypothesis

Posted on March 31, 2015May 28, 2019 by admin

“When the price of a stock can be influenced by a “herd” on Wall Street with prices set at the margin by the most emotional person, or the greediest person, or the most depressed person, it is hard to argue that the market always prices rational…in fact market prices are frequently nonsensical.” The Efficient Market…

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