All models are flawed; some are useful. I would argue the EMH is an imperfect but useful model of market behaviour.
You make a good point and I’m open to changing my mind.
How do you think it’s useful? Can it be used to make predictions about the future, for example?
alt Hacker News
You make a good point and I’m open to changing my mind.
How do you think it’s useful? Can it be used to make predictions about the future, for example?