Monday, July 20, 2009

Embracing the efficient market hypothesis can be a bit like stepping out on “the Ledge” « Nudge blog

GREAT article from the Nudge blog/Economist.Embracing the efficient market hypothesis can be a bit like stepping out on “the Ledge” « Nudge blog:"...in the wake of last fall’s stock market collapse, fully embracing the efficient market hypothesis can be a scary proposition – a bit like stepping out on “the Ledge” at Willis Tower. (An absolute must if you’re in Chicago, by the way.) The events of

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