>> If the Efficient Market Hypothesis is valid > ... More like Efficient Market Fallacy. Yes, maybe. We'll probably never know, since it can't be science. The

>> If the Efficient Market Hypothesis is valid > ... More like Efficient Market Fallacy. Yes, maybe. We'll probably never know, since it can't be science. The EMH is one of those things that stands as an icon, a principle, a discussion point, that may or may not have any bearing on the world, but that we often use as a ruler to compare against reality -- like truth and beauty.