Efficient Markets Hypothesis
C. Thomas Howard, an opponent of the efficient markets hypothesis, advocates for a radical departure from the idea of diversification at the core of a healthy portfolio.
Mark Harrison, CFA, shares insights for #CFAInvest delegates ready to explore the risks, opportunities, and challenges facing the global investment profession.
Selections from CFA Institute Conference Proceedings for investment professionals ready to challenge their investment processes, practices, and mindsets.
Yanis Varoufakis tests the efficient market hypothesis with online economies, and also finds “vestiges of pre-capitalist organization” at work in modern markets.
Paul Woolley, a senior fellow at the London School of Economic and Political Science, neatly made the case that it’s long past time for professional investors to set aside the Efficient Market Hypothesis as the basis of most asset management strategies.
Paul Woolley of the London School of Economics will share his thoughts on the fallibility of efficient markets theory at the Sixth Annual CFA Institute European Investment Conference.
The father of modern finance took on critics of efficient markets and issued stinging rebukes of “too big to fail” banks, pension plans, active management, and behavioral finance.