If you believe the EMH you shouldn't compare stocks to lottery tickets. It sounds like you just don't want to look too closely.
Let's try differently. What evidence would you require to conclude "EMH is false"?
Edit: I have to make this edit because someone will point it out. YES I realize I didn't actually answer your question but the thing is this has been discussed ao thoroughly that I don't think i have anything new to add.
The only thing I can think of that would disprove EMH would be an arbitrage opportunity that doesn’t go away by using it. If you can arbitrage continuously and without limit and the difference you’re arbitraging isn’t decreasing, that would contradict EMH. Since that’s pretty much the only claim of EMH, multiplying your money by taking high risks doesn’t really contradict it.
bdjsiqoocwk|1 year ago
Let's try differently. What evidence would you require to conclude "EMH is false"?
Edit: I have to make this edit because someone will point it out. YES I realize I didn't actually answer your question but the thing is this has been discussed ao thoroughly that I don't think i have anything new to add.
echoangle|1 year ago