3 ms·
You are apparently unaware that the EMH isn't compared to real markets, it's the other way around. So in the best of all possible worlds, the EMH is true, but
by grey-area 13y ago
You are apparently unaware that the EMH isn't compared to real markets, it's the other way around.
So in the best of all possible worlds, the EMH is true, but we don't live there.