[Pen-l] efficient markets hypothesis

To: Pen-l <pen-l@xxxxxxxxxxxxxxxxxx>
Subject: [Pen-l] efficient markets hypothesis
From: Jim Devine <jdevine03@xxxxxxxxx>
Date: Sat, 6 Jun 2009 08:46:58 -0700
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“There are no easy ways to beat the [stock or other financial] market”
-- Justin Fox, summarizing the efficient markets hypothesis (in Joe
Nocera's 6/6/09 NY TIMES column). Yes, but the "market" can beat
itself, as seen in recent crashes.

-- 
Jim Devine / "Segui il tuo corso, e lascia dir le genti." (Go your own
way and let people talk.) -- Karl, paraphrasing Dante.
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Thread context:
- [Pen-l] European vs. U.S. Unemployment Explained, michael perelman Sat 06 Jun 2009, 20:36 GMT
- [Pen-l] Hats off to GM, the micro and macro of it, Dan Scanlan Sat 06 Jun 2009, 19:28 GMT
  - Re: [Pen-l] Hats off to GM, the micro and macro of it, Jim Devine Sat 06 Jun 2009, 19:51 GMT
    - Re: [Pen-l] Hats off to GM, the micro and macro of it, Dan Scanlan Sat 06 Jun 2009, 21:29 GMT
- [Pen-l] efficient markets hypothesis, Jim Devine Sat 06 Jun 2009, 15:13 GMT
- [Pen-l] The Academics, Louis Proyect Fri 05 Jun 2009, 19:11 GMT
- [Pen-l] Macbook Pro: first impressions, Louis Proyect Fri 05 Jun 2009, 18:34 GMT
  - Re: [Pen-l] Macbook Pro: first impressions, ravi Fri 05 Jun 2009, 19:15 GMT
    - Re: [Pen-l] Macbook Pro: first impressions, Louis Proyect Fri 05 Jun 2009, 19:24 GMT

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