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EMH assumes that investors want to make a profit. Investors aren't required to want that, though, and in this case I assume that they instead want to support t
by Arnt 2y ago
EMH assumes that investors want to make a profit. Investors aren't required to want that, though, and
in this case I assume that they instead want to support their favorite politician.
Investors are free to want whatever they choose, and if they step out from the assumptions of the EMH, then the situation neither supports nor disproves the EMH, it's simply irrelevant.