assets can be mispriced, efficient market theory requires stretching the logic to fit the theory. it requires a moving the goal post of to a longer and unspecif

assets can be mispriced, efficient market theory requires stretching the logic to fit the theory. it requires a moving the goal post of to a longer and unspecific time frame to say that someone's outsized gains now are irrelevant, it requires moving the goal post to a greater unspecific amount of capital to say they can't beat the performance of the benchmark. anyone in any hard science will point out that the theory is unfalsifiable so pick a different theory. why are we making exceptions for economic and financial theories at all?