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If the efficient market hypothesis is confounded by moves like bailing out Coca Cola, what good is it?
by jbooth 12y ago
If the efficient market hypothesis is confounded by moves like bailing out Coca Cola, what good is it?
- infinite8s 12y agoThe efficient market hypothesis presumes that you can't affect the performance of the market (except possibly the shirt term price action). Bailing out Coca Cola presumably entails gaining enough control to drive the future directin of the company.