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A comment on Money, Money, Money (and Investing) (2015). Parent comment

Re:Money, Money, Money (and Investing) (2015) by dragonwriter on Sunday December 25, 2022 @12:13AM (#34124492)
> By definition, the EMH applies to a free market where people choose where to put their money.

“The EMH only applies to an idealized analytical fiction and is not applicable to the real world” would also be a problem with the EMH.

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Re:Money, Money, Money (and Investing) (2015) by jongjong on Sunday January 01, 2023 @06:41AM (#34205557)
Totally. It is a valid critique. Suggesting that it's valuable in a hypothetical environment is similar to the "not true communism" defense used by communists to explain past failures.
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