[专题系列] 有效市场假设(Efficient Market Hypothesis)：一场伟大的分歧！

感谢分享~

不错哦 好东西 正好需要

The Great Divide over Market Efficiency

这个必须顶

看看 这个貌似不错的样子

看看下

thank you very much

学习一下

All of this has put us somewhere between Fama and Shiller on EMH. We usually end up thinking the market is more efficient than do Shiller and most practitioners - especially, active stock pickers, whose livelihoodsdepend on a strong belief in inefficiency. As novelist Upton Sinclair, presumably not a fan of efficient markets, said, “It is difficult to get a manto understand something, when his salary depends upon his not understanding it!” However, we also likely think the market is less efficient than does Fama. Our background and how we’ve come to our current view make us, we hope, qualified -but perhaps, at the least, interesting - chroniclers of this debate.