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Friday, June 19, 2009

Is the efficient market hypothesis dead?

The efficient market hypothesis is taking a lot of heat. It's getting slammed in opinion pieces such as George Soros' "The three steps to financial reform" and articles such as Joe Nocera's "Poking Holes in a Theory on Markets."


What do YOU think? Did the efficient market hypothesis contribute to the current financial crisis? Answer the poll in this blog's right-hand column.


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Susan B. Weiner, CFA
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Copyright 2009 by Susan B. Weiner All rights reserved
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1 comment:

  1. Susan Weiner, CFAJune 22, 2009 at 10:07 AM

    Here's another article piling on the efficient market hypothesis, "EMH, The Dead Parrot of Finance." It's the June 18 post at http://ftalphaville.ft.com

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