[______-_-______]

The efficient market hypothesis is a myth

[colinmhayes]

Just depends on your time frame

[vmception]

exactly, the market mooned on the same information after Jerome Powell's speech than the ongoing decline the day after

[esoterica]

That doesn't contradict the EMH at all. The EMH does not say that stocks never go up or down without news.

[Apocryphon]

The market will stay irrational for longer!

[Kon-Peki]

Gene Fama: "The efficient market hypothesis is a model. All models are wrong."

[gruez]

There's various forms of the EMH. As a general heuristic does it really seem unreasonable to assume that a random HN commenter has worse pricing information than a wall st analyst?

[arthurcolle]

wisest comment on this site in the last week ^