The Nonsense Of The Efficient Market Hypothesis

There is an absurd theory that is so unrealistic that it is bizarre that anyone actually believes it. It views the stock market as a perfect place of logic and reason where nothing can go wrong. It ascribes stock traders with the powers and knowledge of a God. The fact that so many believed in it was a major cause of the recent asset bubble and financial crash. It is known as the Efficient Market Hypothesis.

To enter the world of the efficient market hypothesis you must leave your brain at the door. The theory assumes Continue reading “The Nonsense Of The Efficient Market Hypothesis”