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.
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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.