3 ms·

Maybe EMH isn't correct?

• hamilyon2 7y ago
  Weak forms of EMH are almost certainty correct. If they were not, you could beat passive investing with relatively little work, and that is impossible.
• VHRanger 7y ago
  Statistically it's not incorrect. While you should be skeptical of strong forms of the EMH, all evidence points to weak forms of the EMH being true. A corrolary that is good to keep in mind is "markets are more efficient than you're smart" -- prevents you from starting doomed financial enterprises