In an efficient market the convergence on one price is instant.

What efficient markets says is that prices today contain the available information about the future.

For these believers in the efficient market, a company's stock price always reflects its true value.

In the real world, there are no perfectly efficient markets.

She's just reporting what the "efficient" market is tells her.

In an efficient market, the stock's price will fall by an amount equal to the distribution.

The efficient markets (hypothesis) never told you that wasn't going to happen.

It was an efficient market, and rising prices cover many mistakes.

The term efficiency comes from the economics idea of the efficient market.

The free movement of capital is fundamental to an efficient internal market.