Re:Why I don't trade stocks and (probably) neither should you
by yummyfajitas on Tuesday December 03, 2013 @04:45AM
(#6839435)
Please try to follow the logic rather than just the talking points. I'm showing jbooth how (not EMH) => exists awesome trading strategy.
The EMH is based on the assumption that prices perfectly reflect the available information on the underlying. This is mentioned in the second paragraph of the Wikipedia article you quoted. You can't invoke the EMH as a model of the market and then violate one of its core assumptions when defending it.