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Re:A Professor Who Was Right About Index Funds All Along by ikeboy on Saturday October 22, 2016 @10:00AM (#12768695)
That's a valid point, but plenty of people do claim that "no one can have a market beating strategy". Strong EMH.
Re:A Professor Who Was Right About Index Funds All Along by hilop on Saturday October 22, 2016 @12:10PM (#12769229)
And yet one of the assumptions of the EMH is that there are people who beat the market (using pre-public information), which is why you can't. The EMH is just saying that 31/32 teams will not win the Super Bowl.

Unless there's a version of the EMH that doesn't believe in the speed of light.

Re:A Professor Who Was Right About Index Funds All Along by darawk on Saturday October 22, 2016 @02:24PM (#12769887)
Those people are demonstrably wrong. See: all successful quant funds, HFT firms, etc..