Later in the interview, I brought up the efficient market hypothesis again.
On one side, perfect information is a key element to explain efficient market hypothesis.
Indeed, from the efficient market hypothesis it follows that we cannot beat the market.
The efficient market hypothesis comes under attack in this book using biological and evolutionary analogies.
This theory is also called the segmented market hypothesis.
The book is frequently cited by those in favor of the efficient market hypothesis.
The school has impacted the field of finance by the development of the efficient market hypothesis.
Under the efficient market hypothesis, equity prices are expected in the aggregate to reflect all relevant information at a given time.
Surely if most of the trades are now done by computers, rational market hypothesis is now?
This is another assumption of the efficient market hypothesis.