Efficient Markets are Mirages
Posted on31 Jan 2011
Tagseconomic bubbles, Why Newton Was Wrong, The Economist, power behind beliefs, Paul Marsh, neoclassical economics, momentum effect, Mike Staunton, London Business School, investing, fundamental analysis, financial markets, EMH, Elroy Dimson, efficient market hypothesis, beliefs, behvioral economics
Comments0
Emotions drive human decision-making, a key assumption behind the effectiveness of intuitive approaches. However, mainstream economic theory – as represented by neoclassical... Read More
